From the moment President Donald Trump imposed tariffs on nearly every country, Nik Holm feared the company he leads might not survive.
Terry Precision Cycling has made it 40 years with a product line specifically for women, navigating a tough early market, thin profit margins and a pandemic-era boom and bust. But Holm, the company president, wasn’t sure how his operation could pay the tariffs first announced in April and stay in business.
