Reported about 17 hours ago
Small business owners are preparing for significant tariffs proposed by President-elect Donald Trump, which include a 25% tax on imports from Canada and Mexico and a 10% tariff on goods from China. These potential tariffs could lead to increased costs for businesses, forcing them to either absorb the costs or pass them on to consumers. Business owners are expressing concerns over supply chain disruptions and rising warehouse prices, with some anticipating that consumers will ultimately bear the burden of these tariffs.
Source: YAHOO