Does it seem like the billionaires advising President Trump don’t understand how their economic policies are impacting Americans? 🇺🇸‘Nowhere to turn': American small businesses dependent on imports from China are feeling more desperate. 🇺🇸 Given that many of these products are not made in the United States and small businesses don’t make enough money to build factories in the United States many of these American small businesses could go out of business later this year or decrease substantially in size and layoff many of their American employees if tariffs continue. The Trump Administration has no reported plans to build factories in the United States to produce any of these products that small businesses import or to create similar jobs if American small businesses have to shut down because of the Trump tariffs.
One of the thousands of American small businesses impacted: Over the past three weeks, WS Game has had three containers of finished games, worth $500,000, stranded in China. It lost orders from three of the largest U.S. retailers totaling $16 million in business. And there’s not much Silva can do about it.
“As a small business, we don’t have the runway or the capabilities to move manufacturing on a whim,” said Silva, who has 22 employees. He said the tariffs have “disrupted our business and put us on the verge of insolvency” and estimates he has about a four-month runway to stay afloat if nothing changes.
