Trump's Tariffs Impact Small Retailers
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The heavy toll of Trump’s trade war on America’s small retailers

74% Informative
In April 2025 , President Donald Trump initiated a series of aggressive trade policies aimed at reducing the US trade deficit and revitalising domestic manufacturing.
The implementation of a 10% baseline tariff on all imports, effective from April 5, 2025 , represented a significant shift in US trade policy.
For small retailers, this translated to immediate increases in the cost of goods sold, as many products were sourced from overseas suppliers.
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