Why Trump Will Back Down on China Tariffs — ft. Ryan Petersen
Prof G Markets
00:00
Tariffs, Trade, and Small Business Struggles
This chapter examines the significant impact of tariffs on small businesses, particularly those reliant on Chinese manufacturing, highlighting their struggles compared to larger corporations. It discusses the economic implications of high tariffs, including potential business failures, inflation, and shifts in consumer spending behavior. Additionally, it reflects on the evolving global supply chains and the challenges faced by companies adapting to ongoing trade tensions.
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