Small businesses face financial whiplash from Trump's changing tariffs on China
CBS NewsFriday, May 16, 2025 at 12:53:45 AM
U.S. small businesses are struggling with financial uncertainty due to fluctuating tariffs on Chinese imports, forcing them to choose between paying higher costs now or waiting for potential reductions.
What This Means: The unpredictability of U.S. trade policies under the Trump administration is creating instability for small businesses, complicating financial planning and supply chain decisions amid ongoing U.S.-China trade tensions.
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