Small businesses say they fear Trump’s tariffs: “A devastating impact”

Many U.S. small businesses are facing financial challenges due to President Trump’s reciprocal tariffs, leading to increased import duties and higher costs. Small businesses, lacking financial flexibility, may need to raise prices or absorb costs, impacting their operations. Some businesses, like Simplified and NOVA Essence Inside Out, are already feeling the strain, with concerns about the long-term impact on their bottom line and ability to compete.

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