Just before leaving Washington, D.C., Friday, President Trump hiked tariffs on Chinese imports and threatened to force American companies to leave China.
Detroit Bikes, a rare domestic maker of bicycles, could see business increase as a result of increased U.S. tariffs on Chinese bikes. But imported parts it relies on are also subject to higher taxes.
President Trump is ratcheting up the pressure on China over trade. The administration threatened to raise proposed tariffs on Chinese imports from 10 percent to 25 percent.