by Neydja Petithomme Thu, April 3rd 2025 at 7:16 AM
Updated Thu, April 3rd 2025 at 11:19 AM
Brian Boggs is the designer and owner of Brian Boggs Chairmakers in Woodfin, North Carolina. (Photo: WLOS Staff)
WOODFIN, N.C. (WLOS) — On Wednesday, President Donald Trump announced a baseline tariff of 10% would be imposed on imports from a wide range of other countries and higher tariff rates on countries he says might unfairly exploit the United State’s trading system.
The recent global tariffs imposed on various trade partners could impact local small businesses.
TRUMP’S TARIFFS COULD DISRUPT WNC’S HOUSING AND TOURISM, EXPERTS WARN
Brian Boggs is the designer and owner of Brian Boggs Chairmakers. Boggs acknowledges the significant toll that tariffs can impose on small enterprises.
He said with Trump’s most recent actions, there will likely be a microeconomic impact felt on a local scale, affecting operations, pricing, and overall market dynamics for small businesses in the area.
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
“Just listening to how leaders from other countries, whether it’s Canada or anybody else, how they are responding to Trump’s what I call bullying of the international market is not good, and it’s going to be very difficult to spin this into some really good lemonade,” Boggs said.
‘POURING SALT IN A WOUND’: BUSINESS OWNERS WORRIED TARIFFS WILL FORCE THEM TO RAISE PRICES
Boggs emphasized the importance of creating international relationships with other countries.
“Tariffs are about international relations as much as it is about international trade. Managing international relationship is really key to creating a sense of stability in international trade,” he said.
Read the story: https://wlos.com/news/local/furniture-maker-talks-toll-tariffs-can-take-small-businesses-north-carolina-international-trade-brian-boggs-chairmakers-president-trump-doge-elon-musk
