Small businesses across the U.S. are grappling with mounting pressures as tariffs introduced during the Trump administration continue to ripple through the economy. The added costs on imported goods have squeezed profit margins, forcing owners like Harrison Lewis, a Dallas-based physical therapist and activewear brand founder, to rethink their strategies. 💼📉
In an interview with CGTN, Lewis shared his struggle to balance rising operational costs amid stock market turbulence and price hikes for essentials like food and gas. 🌮⛽ 'It's a daily hustle,' he said, explaining how he’s now scouting overseas suppliers to cut expenses. But even that fix comes with risks, as global trade tensions simmer. 🌍🔥
Meanwhile, over a dozen U.S. states have filed lawsuits against the tariffs, arguing they harm local economies. Critics warn the measures could stifle innovation and deter budding entrepreneurs. 📉⚖️
For young professionals and students tracking global markets, this saga underscores the delicate dance between policy and grassroots business survival. 💡🔍 Will adaptive strategies like Lewis’s be enough? Stay tuned.
