First it was 10 percent, followed in May 2019 by an increase to 25 percent punitive tariffs on goods from China, which the Trump administration imposed due to the trade war with China. Dorel Industries, the parent company of Cannondale and GT, has been hit particularly hard. The bicycle division is the most likely to remain unaffected by the tariffs, but Dorel's furniture business, among others, is struggling badly.

"It is advisable to suspend the dividend until the chaotic market conditions caused by the tariffs have normalized," said Martin Schwartz, President & CEO of Dorel. Dorel shares plummeted on the stock market following this announcement, as reported by Yahoo Finance.