Local businesses are forced to adjust holiday purchasing strategies due to tariffs
Businesses are doing their holiday shopping much earlier than usual to avoid tariffs, causing a ripple effect on inventory accumulation and pricing. Many small businesses have already purchased items in bulk to keep prices low, while others are being judicious with their purchases due to price increases. The impact of tariffs on businesses is evident, with some vendors increasing prices by as much as 45%. The uncertainty surrounding tariffs, especially for shipments from other countries, is a concern for many small businesses going forward. Despite current preparations, the future remains murky for businesses impacted by tariffs.
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