Business Owners Face Unstable Tariff Environment
A business owner reported that the tariff situation has been unstable and unpredictable. The source noted that 25% tariffs were previously imposed and then negotiated off.
Topics
Developing
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Sources · 7 independent
KQED FM
“the tariff situation has been quite unstable and unpredictable, and I think if you're running a business, you can really only concentrate on the certainties.”
KQED FM
“we took a direct 5% hit on our revenue. So yes, it's very quantifiable. And it's not just our importers and distributors over here. It's actually us because whilst 10% is manageable, if the tariffs were to go up higher than that, say to 25% where they were before, that makes it really difficult because we wouldn't be able to absorb that.”
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