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Small businesses can be crushed under the growing tariffs of President Trump an open letter 38 female consumer products by the founders.
While Trump stopped the tariff Increases over 90 days for different countries – in 10% of the rate to date – China Raised to 145%previous 20% Levy incoming.
In the letter published on Thursday, the founders called on the tariffs to return the tariffs until the Tariff and the Congress increased the tariff as the tariff increased. They want to relieve freedom for short and small businesses.
In the letter, the founder of Juliet wine is written by Allison Luvera that the used boxes directly selling directly to consumers. Luvera TechCrunch explains that he has purchased the main packaging component from abroad and does not have an alternative to the United States.
A few other problems in the letter, for example, such as a few other such problems, such as a home cleaning brand with rising bags from abroad to avoid US options immediately. Tariffs threaten to increase this bit packaging costs by 80%.
Group 38 uses the work of thousands and sources every year, using thousands and international producers every year and $ 800 million. It shows that the tariffs are more severe to small businesses.
“Unlike large corporations, small businesses, supply contracts are the capital required to increase the edges to absorb the expenses or re-combine global supply chains,” Luvera wrote.
This group wants other small business owners – and anyone other than the economic impact – wants to help them to the lobby congress. They want a small job assessment – it is therefore a government influence. Ideally, they want small businesses to be exempt from this tariff. Unable to lobbies for “grants, taxes, taxes, or technical assistance”, we solve the pain of the supply chain caused by Trump’s trade policy.
Among the signed the designer rebecca Minkoff and Alison Wyatt of the women’s founder team. Others include: Dune Suncare and Yangheee Paik’s Emily Doyle and Mei Kwok.