From Entrepreneur to Casualty: How Trade Wars Crushed One Mom's Small Business Dream

When Sofia Burnett, a talented jewelry designer, received her latest import invoice, her excitement quickly turned to disappointment. The hefty tariff bill of $208.44 on goods that originally cost $484.25 from China struck a blow to her creative aspirations. With a heavy heart, Burnett watched as additional import fees threatened to squeeze her already tight profit margins, highlighting the challenging economic landscape facing small business owners in the global marketplace.