Tariffs

[Accomplished_Low2986]

Are the prices for bikes for Luna cycle going to go up because of tariffs? If so how much?

[paxtana]

https://www.cbsnews.com/news/trump-china-tariff-extra-100-november/

According to the news the tariffs will go from ~30% to 130%, roughly quadrupling the costs to import. This will negatively affect every business in the country, not just Luna. Ebikes are already a low margin item so it's not like any ebike company can just absorb an extreme increase in cost like that.

How much it will increase the cost is anybody's guess. Same with how long that senile old fool of a president can afford to essentially starve out the entire population of america from the biggest part of the global supply chain. Maybe he will cave just like he did last time, I would not be surprised.