Story perspectives

Vermont Cycling Company Challenges Trump's Tariffs in Supreme Court

11/1/2025

37 3

Summary

Story summary

Terry Precision Cycling, a Vermont company specializing in women's cycling apparel, challenges U.S. President Donald Trump’s tariffs in a Supreme Court case.
Nik Holm, president of Terry Precision Cycling, says tariffs raise costs and threaten the company’s survival.
The lawsuit, supported by other small businesses, argues Trump’s emergency powers to impose tariffs is unprecedented.
Trump administration defends tariffs as necessary for trade.
Holm warns higher prices could limit cycling access.

1 of 1

Story summary

Terry Precision Cycling, a Vermont company specializing in women's cycling apparel, challenges U.S. President Donald Trump’s tariffs in a Supreme Court case.
Nik Holm, president of Terry Precision Cycling, says tariffs raise costs and threaten the company’s survival.
The lawsuit, supported by other small businesses, argues Trump’s emergency powers to impose tariffs is unprecedented.
Trump administration defends tariffs as necessary for trade.
Holm warns higher prices could limit cycling access.