Vermont Cycling Company Faces Financial Strain from Trump's Tariffs

Reported about 17 hours ago

Terry Precision Cycling, a small Vermont company known for women's cycling apparel, is struggling to cope with Trump's tariffs that increase import costs. With limited cash reserves, the company's president, Nik Holm, has joined a lawsuit challenging the legality of these tariffs, which could have significant implications for small businesses and presidential power if the Supreme Court rules in their favor. Amid rising prices and uncertainty, Holm is focused on the impact of tariffs on his employees and customers, fearing the long-term consequences for their cycling community.

Source: YAHOO

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