How Trump’s 145% China tariffs could crush American small businesses: ‘There’s no facility here that makes what we need’

By Nayeli Jaramillo-Plata, CNN In 2017, Christina and Ian Lacey decided to take a chance and leave their stable careers to turn their hobby into a small business. The risk and hard work paid off. The Denver couple started Retuned Jewelry from their home and has seen impressive profits: an average of $360,000 in annual sales, the majority of which comes from attending music and arts festivals. Christina, a former dental assistant, and Ian, who us…

How Trump’s 145% China tariffs could crush American small businesses: ‘There’s no facility here that makes what we need’

Small businesses will have no choice but to raise prices, cut staff, delay growth plans or shut down entirely just to keep up with the rising costs of imports they can’t source domestically, one expert said.

A Small Town Built A Big Business. Will It Survive Tariffs?

Alina Selyukh, NPR A rural Minnesota town is home to the biggest tech giant you've never heard of. Now it's riding out an unprecedented kind of storm.

BUSINESS NOTEBOOK: Tariff impact on local businesses

Business Oregon wants to hear from businesses facing uncertainties and impacts due to the increase of tariffs.

‘Not a Single Word to Help the 33 Million Small Businesses’: Mark Cuban’s Concerns About Impact of Tariffs

Mark Cuban took to BlueSky to express his concerns about the impact of tariffs on vulnerable American small businesses.

Hobbie forums, usually places to exchange tips on fabric patterns and share photos of new projects, are now organizing in-depth analysis of tariff news and heated political debates. Ben Schinkel, 42, an avid player who voted for Trump, said the news cycle had inspired him to investigate some rates; he concluded that “tariffs are good if we can get a better deal for things from China and other countries.” But he said tariffs would probably make h…