Small Business Lenders Start Quizzing Borrowers About Impact Of Trump Tariffs
- In April 2025, President Trump announced new tariffs, sparking concerns for small businesses and consumers.
- These tariffs stemmed from Trump's belief in fair trade and protecting American workers, yet some saw destabilization.
- Small business owners worry about increased costs, potential price hikes, and the impact on expansion plans.
- Gladys Harrison of Big Mama's Kitchen said the tariffs force her to examine affordable food options; she noted, "They have to pass that on to us."
- The tariffs are projected to cause higher consumer prices and market instability, prompting financial planners to urge patience.
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Orange County business owners brace for effects from Trump's new tariffs
Small business owners are growing concerned as new tariffs could impact their sales while driving up prices for their customers. Following Trump’s announcement of reciprocal tariffs on Wednesday, a pair of small business owners in Orange County say they are bracing themselves for the fallout from the trade war. Delilah Snell, owner of Alta Baja, says she had to put...
·Los Angeles, United States
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Total News Sources7
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
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- 60% of the sources lean Left
60% Left
L 60%
C 40%
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