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'Pandemic-level crises': Small businesses dependent on imports from China are feeling tariff pinch

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"We are seeing pandemic-level crises right now," Rutherford said. "The uncertainty is real. We don't know how to plan right now. Every day is new."
Small businesses in New Hampshire that rely on imports from China are experiencing significant challenges due to the ongoing trade war and increased tariffs. Owners like David May of E&R Cleaners and Launderers and Scott Tranchemontagne of TCS Communications have reported that the tariffs have led to higher costs for essential equipment and parts, forcing them to either absorb these costs or pass them on to customers, which could result in lost business. The uncertainty surrounding the trade negotiations between the U.S. and China adds to the difficulty, as businesses struggle to plan for the future amidst fluctuating tariffs and potential retaliatory measures from China.

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[ https://www.wmur.com/article/small-businesses-dependent-chinese-imports-feeling-tariff-pinch/64625818 ]