Deena Ghazarian's firm, Austere, faced devastating financial pressures due to tariffs imposed by President Trump's administration in 2019. As her high-end audio and video accessories, manufactured in China, incurred sudden tariffs, Ghazarian struggled to keep her company afloat. With Trump's recent tariff increases significantly broader than before, including new taxes on essential tech goods, U.S. businesses are again under threat. Trade experts indicate that these fees are ultimately borne by American importers, shifting the financial burden to businesses and consumers across the nation.
"I literally thought I am going to start and end a business in less than a year...to have something like this blindside you was shocking."
"US importers have to pay these taxes not the exporters. It's American businesses and consumers who will bear the brunt of this."
Collection
[
|
...
]