Small businesses dependent on imports from China are feeling more desperate

From Yahoo Finance: 2025-04-28 15:03:00

The Trump administration raised tariffs on goods from China to 145% in early April, causing chaos for small business owners who rely on imports. President Trump seemed to back down last week, but uncertainty remains. WS Game Co. in Massachusetts lost $16 million in business and faces insolvency due to tariffs.

Artificial flower shop in Kentucky facing price hikes due to tariffs on Chinese-made products. House, the home-décor shop, may not survive as vendors increase prices. Tea shop in Michigan and car accessory business in Oklahoma are also struggling with rising costs and limited options. Small businesses are calling for relief from the impact of tariffs.



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