Daniel Thomas, a business reporter with BBC News, shared a story about Deena Ghazarian, whose business was impacted by President Donald Trump’s trade policies. Almost 80% of smartphones sold in the US are made in China, leading to challenges for businesses like Deena’s. When Trump imposed tariffs on Chinese imports, Deena’s company, Austere, faced a 25% surcharge on its products, pushing her to the brink of bankruptcy. Despite the struggles, Deena’s company survived, but many other US businesses are facing similar challenges due to the increased tariffs. The broader scope of the current tariffs, impacting goods like smartphones and tablets, is causing concern for American businesses and consumers. While some companies have diversified their supply chains away from China, finding alternative manufacturing options with the same capabilities has proven difficult. The impact of these tariffs on prices is being felt by consumers, with companies passing on the costs through price increases. Despite the uncertainties, Deena is prepared and hopes to pivot her business to overcome the challenges ahead. Daniel Thomas Es frustrante tener que enfocarme en la supervivencia en lugar de hacer crecer mi negocio.
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