Trump Tariffs Cause Chaos on North American Bike Market

MONTREAL, Canada – Dorel Sports including Cycling Sports Group (CSG; Cannondale, GT, Mongoose among other brands as well as Pacific Cycle and Caloi) is ringing alarm bells on the current situation at the North American bike market. “The impact of increased U.S. imposed Trump tariffs created chaotic market conditions,” stated Dorel President & CEO, Martin Schwartz.
Cycling Sports Group owner Dorel Industries heavily impacted by Trump tariffs. – Photo Cannondale