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Small Businesses Grapple⁢ with tariff Uncertainty and Economic Anxiety

The business landscape has become increasingly⁣ unpredictable for small business owners, with tariffs ​and inflation creating significant challenges.This article explores the anxieties faced by entrepreneurs and how they are navigating this uncertain environment.

the Tariff Squeeze: A Portland Camera Shop’s Story

The⁣ insanity first hit Jake Shivery ⁣this year, after he ⁤ordered a supply​ of camera film from China. ‍He’s the owner of Blue Moon​ Camera and Machine, a shop for classic photography equipment ‍in Portland, ‍Oregon, ‌so it started with a pretty standard order. “The film arrived, and we started selling it,” says​ Shivery. “And then,two​ weeks later,we got hit with a tariff ⁣bill that put us underwater.”

As trade policy keeps shifting,he⁣ finds himself⁣ wondering: Do I ⁢buy this product now and load up? Or,with the tariff⁣ uncertainty should I wait? The volatility ties up his ⁤cash and inventory ‍untill the bill comes. On top of that, he says his latest order from the German camera company Minox came with a⁢ surprise tariff of 16% – and he’s stuck in a 10-year contract with them.

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