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The Guardian - US
The Guardian - US
Business
Michael Sainato

US small businesses sound alarm over Trump’s tariffs amid crucial holiday season

a person shopping
A woman restocks hats while working at Tippy’s, a vendor stall at the Snowport Holiday Market in the Seaport in Boston, Massachusetts, last week. Photograph: Boston Globe/Getty Images

Donald Trump’s tariffs have increased prices on an array of popular holiday goods and driven a “massive” number of small firms out of business, industry leaders have warned.

On Small Business Saturday, firms have their fingers crossed that strong holiday sales will ease the impact of a tough year. But many aren’t holding their breath.

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