💨 Abstract

tariffs on Chinese goods have led to price increases in Chinatowns across the U.S., impacting family-owned small businesses. Goods like rice crackers, traditional medicine, dried noodles, and jade jewelry are affected. Trump's trade war with China has resulted in a 145% tariff on Chinese goods, with Chinatown residents spending $1.15 billion annually on retail goods.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖