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High Costs and Trade Tensions Pressure Small Business Earnings

Rising borrowing expenses, weaker consumer confidence, and trade disputes under President Trump are impacting profitability for small enterprises.

Summary

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Terms & Concepts
  • Trade war: An economic conflict in which countries impose tariffs or other trade barriers against each other, often reducing international trade.
  • Borrowing costs: The interest and fees a business must pay when taking out loans or lines of credit.