Trash Enclosures

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Small businesses are being crushed by Trump's tariffs and economists say it's a warning for the economy
CNBC· 2025-10-17 19:00
President Donald Trump listens during a Cabinet meeting at the White House on April 30, 2025 in Washington, DC. Andrew Harnik | Getty ImagesViresh Varma can't sleep. The CEO of AV Universal Corp., a small footwear company that sells through retailers like Macy's, Nordstrom and DSW, said he needed to take out a $250,000 loan to pay his tariff bill on a container of shoes he imported from India for the holiday shopping season. Varma didn't have the cash on hand to pay the duties, which he said used to be arou ...