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Small business owners in Los Gatos face financial strain from Trump-era tariffs on imports from China, France, and South Korea.
Small business owners in Los Gatos, California, are struggling with rising costs due to new tariffs imposed under President Trump’s administration, particularly on goods from China, France, and South Korea.
Increased import duties on materials like steel and aluminum—ranging from 15% to 50%—have forced store closures, price hikes, and reduced operations, with owners in home furnishings, housewares, and luxury retail sectors reporting financial strain.
Many say the tariffs threaten their ability to sustain businesses, reduce consumer demand, and jeopardize jobs, despite the administration’s goals of shrinking trade deficits and boosting domestic manufacturing.
Los propietarios de pequeñas empresas en Los Gatos enfrentan tensión financiera por los aranceles de la era Trump a las importaciones de China, Francia y Corea del Sur.