See the Complete Picture.
Published loading...Updated

’Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate

  • On April 24, 2025, small business owner Calisa Kastning unloaded clothing imported from China at her storage unit in Anchorage amid ongoing tariff challenges.
  • Since early April, the Trump administration has significantly increased tariffs on imports from China—reaching as high as 145%—putting considerable strain on small businesses across Alaska that rely heavily on these overseas products.
  • A recent survey of 200 Alaska small businesses found 70% reported supplier cost increases, highlighting difficulties given Alaska’s high operating expenses and reliance on cross-border transport.
  • Jon Bittner, Alaska Small Business Development Center director, said the tariffs are “particularly challenging” and hit the state’s mostly sole-proprietor businesses where it hurts the most.
  • These economic pressures put many small businesses at risk of insolvency or forced price hikes, indicating broader community impacts and uncertainty for Alaska’s business landscape.
Insights by Ground AI
Does this summary seem wrong?

242 Articles

All
Left
35
Center
105
Right
17
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

npr broke the news in Washington, United States on Sunday, April 27, 2025.
Sources are mostly out of (0)