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Small business owners on damage from Trump's tariffs


Published on 2025-05-11 12:00:42 -
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  • President Trump's sudden and unpredictable tariffs have caused tremendous concerns among small business owners, whose livelihoods are now in jeopardy.

The article from CBS News discusses the impact of President Trump's tariffs on small business owners in the United States. It highlights the concerns of various small business owners, such as a furniture store owner in North Carolina and a boat manufacturer in Florida, who are experiencing increased costs due to the tariffs on imported goods from China and other countries. These increased costs are forcing some business owners to raise prices, which in turn is affecting their sales and profitability. The article also mentions that some business owners are struggling to find alternative suppliers outside of China, and are worried about the potential for a trade war to further harm their businesses. Overall, the tariffs are creating uncertainty and financial strain for many small business owners across different industries.

Read the Full CBS News Article at:
[ https://www.cbsnews.com/news/small-business-owners-on-damage-from-trumps-tariffs/ ]