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@ Layer3.news
2025-04-29 11:42:04
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’NOWHERE TO TURN’: SMALL BUSINESSES DEPENDENT ON IMPORTS FROM CHINA ARE FEELING MORE DESPERATE
https://s.abcnews.com/images/US/wirestory_7bc7a0d07ddac551b3b24a5e477ccb0c_4x3_384.jpg
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✍️ Small business owners in the US are struggling to cope with the impact of tariffs on goods from China, with some on the verge of going out of business.
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👉 Tariffs on Chinese goods raised to 145%
👉 Small business owners struggling to cope with impact
👉 Inventory dwindling, invoices skyrocketing
👉 Uncertainty about future holds
👉 Game makers, home decor shops, and tea shops affected
👉 Some owners estimate only a few months of runway before going out of business
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#JonathanSilva #JeremyRice #LisaMcDonald #JimUmlauf #DonaldTrump #NewYork #Manchester-by-the-Sea,Massachusetts #Lexington,Kentucky #AnnArbor,Michigan #OklahomaCity #business
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