Global_trade

Three hardware firms—iRobot, Luminar, and Rad Power Bikes—filed for bankruptcy amid tariffs and supply-chain pressures, underscoring risks for tangible-product businesses in a globally tense trade environment.

Bankruptcies at iRobot, Luminar, and Rad Power Bikes highlight tariff pressures, supply-chain fragility, and offshore competition as key headwinds for hardware startups.