According to CCTV News, the US government’s wanton imposition of tariffs is harming thousands of small business owners across the United States.

O’Brien, the head of a US pet supplies company that imports goods from overseas, now finds it difficult for his company to profit due to tariffs. The American business owner said that building a factory in the US might lead to direct bankruptcy. To reduce costs, he had to borrow money to hoard goods and prepare inventory in advance, only to find that he still faced high transportation fees. “I have $150,000 worth of products overseas. At the current tax rate, it would cost $217,000 to ship them back. It’s better to burn them.”

Recently, US media and industry insiders have warned that American consumers will face higher prices and empty shelves. CEOs of major US retailers such as Walmart, Target, and Home Depot have directly warned Trump that his tariff and trade policies could disrupt supply chains, raise prices, and leave US store shelves empty. Market analysts say stores like Target will be hit hardest because a significant portion of their goods are imported from China.

Many products you can think of, such as wine glasses, children’s toys, vacuum cleaners, water cups, and pickleball rackets, come from China. The lack of goods is a problem, and even if there are goods, higher prices make consumers miserable.

The US e-commerce service provider “Wisdom Probe” tracked 930 products that increased in price on Amazon since April 9. These products had an average price increase of 29%, covering categories such as clothing, jewelry, home supplies, electronics, and toys. US media pointed out that high tariffs will lead to further price increases for goods sold in the US.