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Trek Bicycles Raises Prices Amid Tariff Crisis

4/20/2025

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Story summary
  • Trek Bicycles is raising prices on most models, driven by a 10% tariff from the U.S. government. This move echoes similar decisions by Specialized and Giant, with the industry bracing for potential price surges of 30-50%. As manufacturers grapple with soaring costs and market instability, smaller companies are feeling the pinch more than ever.