Trump's Tariffs Threaten Small Business
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•After six years of tariffs, small-business owners aren’t eager for more
79% Informative
Small businesses that sell everything from bikes to beer are nervous about another cost hike.
Small businesses have already been facing tariffs on billions of dollars of goods, most of them from China , implemented by Trump in 2018 .
So far, the tariffs in force under both White Houses have cost Americans $79 billion .
Economists broadly oppose Trump ’s tariff plans, saying their main outcome would be higher costs for consumers.
Many small businesses take pride in producing domestically, and some say they’re committed to doing so regardless of the election outcome.
Entrepreneur Nichole MacDonald said profit margins for her patented, 10 -pocket Sash Bag have been thinning in recent years .
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