Trump’s Tariff Could Kill Thousands of Small Businesses in China

Thousands of small- and medium-sized factories in China face the same predicament, with some owners considering shutting down or selling out if Trump slaps a levy on Chinese products that he said could reach 45 percent. These makers of clothes, toys and household goods fuel the $462.8 billion annual flow of exports to the U.S. but aren’t cash-rich, making it harder for them to take the tariff punch or pivot their operations toward Southeast Asia.

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