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Small business owners on damage from Trump’s tariffs

11 May 2025
in USA
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Small business owners on damage from Trump’s tariffs
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Beth Benike, a veteran and owner of Busy Baby, warns consumers to buy Christmas gifts early, particularly baby products, as a 145% tariff on Chinese imports threatens her inventory. With a loan backed by her home, Benike faces significant financial strain to bring her products to the U.S., as her remaining stock is dwindling. Retailers are adapting by allowing customers to stockpile items due to uncertain availability, while economic analysts suggest families prepare for rising costs amid ongoing trade discussions.

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Tags: BusinessDamageOwnersSmallTariffsTrumps
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