US Edition’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.
242 Articles
242 Articles
A tidal wave of change is headed for the US Economy - West Hawaii Today
When the COVID pandemic hit, factories in China shut down and global shipping traffic slowed. Within a matter of a few weeks, products began disappearing from U.S. store shelves and American firms that depend on foreign materials were going out of business.
When the Covid pandemic hit, factories in China shut down and global maritime traffic slowed down. Within a few weeks, products began to disappear from store shelves in the U.S. and U.S. companies dependent on foreign materials were breaking down. A similar trend is beginning to manifest, but this time the catalyst is President Donald Trump’s decision to increase tariffs on Chinese imports to a minimum of 145%, a quantity so high that much of th…
North Platte Nebraska's Newspaper
Trump's tariffs loom over economy
WASHINGTON — American businesses are canceling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans next.
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