US Ends Small-Parcel Tax Break on Chinese Shipments, Prices Soar
120% tariffs on Chinese mainland small parcels take effect as US ends the de minimis tax break, driving up e-commerce costs and hitting small businesses.
SmallBusiness
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Florida’s Small Businesses Brace as Trump Tariffs Loom
As Trump’s looming tariffs on the Chinese mainland drive up costs, Florida’s small businesses scramble to adapt or risk closure.
Maryland Restaurant Rebuilds After Owner’s Loss During Pandemic
A Maryland restaurant perseveres after losing a co-owner during the pandemic, showcasing resilience in the face of adversity.
China’s Small Businesses Enjoy ÂĄ946B Tax Cuts in First 9 Months
China’s small and micro-sized businesses received ÂĄ946.1 billion in tax breaks from January to September, boosting employment and market vitality.
Germany’s Energy Crisis Puts Family Businesses at Risk
Soaring energy prices in Germany, fueled by the Ukraine conflict, jeopardize family-run businesses like Thomas Petermann’s butcher shop, highlighting challenges for SMEs.
Spanish Gas Stations Revolt Over Govt-Backed Fuel Discounts
Spanish gas stations threaten legal action over a government-mandated fuel discount policy, citing financial strain from reimbursement delays and outdated sales data. Over 3,000 stations risk closure.
Kabul Shopkeeper Struggles as US Freezes Afghan Central Bank Assets
Kabul shopkeeper Sadaqat faces economic hardships as the US freezes Afghan central bank assets, hindering business operations and daily transactions.
Kabul Restaurant Struggles as Office Closures Reduce Customer Base
Amid the Taliban takeover, Kabul restaurant owner Aziz Mohammad faces declining customers and security concerns.
Resilient Mexican Food Vendor Fights to Survive Pandemic in LA
Mexican food vendor Arturo Suarez battles pandemic challenges in Los Angeles, striving to keep his business and livelihood alive amidst dwindling customers and legal hurdles.
COVID-19 Struggles: Istanbul’s Small Businesses Battle Empty Streets
The coronavirus outbreak has left Istanbul’s small businesses struggling with fewer customers, forcing many to close or lay off employees amidst empty streets.