Here’s what small businesses, slammed by China tariffs, are doing to minimize the impact of the trade war

• The China tariffs have increased the cost of doing business for more than one third, or 37%, of small businesses across the U.S.
• In a recent survey by new survey by BizBuySell, 43% of small business owners said a 25% increase on tariffs in the U.S.–China trade war will increase their business costs.
• Of those, 64% said they would deal with the higher costs by raising prices and 65% of those surveyed said they would consider switching to suppliers outside of China.

Read More: https://www.cnbc.com/2019/10/05/us-china-trade-war-causing-small-biz-to-reinvent-customer-retention.html