The looming trade tensions are sending shockwaves through the small business community, with entrepreneurs increasingly worried about the potential economic ripple effects of new tariffs. In Orange County, local business owners are sounding the alarm about how these trade policies could dramatically reshape their economic landscape. Delilah Snell, proprietor of Alta Baja, is among the small business owners feeling the immediate pressure. She explains that the recently announced reciprocal tariffs could significantly disrupt her business model, forcing her to make difficult decisions about pricing and inventory. The potential consequences extend far beyond business owners themselves. Customers are likely to bear the brunt of increased costs, with prices expected to rise across various product categories. This economic uncertainty creates a challenging environment for small businesses already navigating a complex marketplace. As trade negotiations continue to evolve, entrepreneurs like Snell are closely monitoring the situation, preparing strategic adaptations to protect their businesses and maintain their competitive edge in an increasingly unpredictable economic landscape. MORE...

In a bold economic move that sent ripples through global trade markets, President Donald Trump escalated his trade confrontation on Wednesday by announcing comprehensive new tariffs. Building upon previous targeted import restrictions against China, Canada, and Mexico, the latest plan represents a significantly more expansive approach to international trade policy. Business owners across the nation are expressing growing concern about the potential economic implications. The sweeping tariffs could dramatically reshape international commerce and potentially impact local businesses' bottom lines. NBC10's Lili Zheng has been tracking the reactions from entrepreneurs and trade experts who are closely monitoring these unprecedented trade developments. The announcement underscores the Trump administration's aggressive stance on international trade, signaling a continued commitment to reshaping economic relationships with key global partners. As industries brace for potential disruptions, the full impact of these tariffs remains to be seen, leaving many business leaders anxiously awaiting further details and potential consequences. MORE...

The Taiwan-U.S. economic partnership continues to prove itself as a critical cornerstone of regional stability and supply chain resilience, according to a statement released by the American Chamber of Commerce in Taiwan on Thursday. Following recent U.S. tariff announcements, the chamber emphasized the strategic importance of the bilateral relationship in driving shared economic prosperity and maintaining strategic security in the Asia-Pacific region. The chamber's statement underscores the deep economic ties between Taiwan and the United States, highlighting how their collaborative efforts are essential in navigating complex global economic challenges. By strengthening their economic alliance, both nations are positioning themselves to create more robust and secure supply chains that can withstand international market fluctuations and geopolitical uncertainties. This latest affirmation comes at a crucial time when global economic dynamics are rapidly evolving, and strategic partnerships are increasingly vital for maintaining economic stability and competitive advantage in the international marketplace. MORE...

In the complex world of international trade, sometimes friendship and business collide in unexpected ways. A small Vermont shipping facility has become a lifeline for a Canadian skincare company, highlighting the intricate challenges faced by businesses navigating cross-border economic tensions. When U.S. tariffs threatened to derail a promising Canadian skincare brand, an innovative solution emerged from an unlikely source. A local Vermont shipping warehouse became the strategic bridge that would keep the Canadian business afloat, demonstrating the resilience and creativity of small businesses in the face of international trade barriers. The story underscores a broader narrative of how seemingly bureaucratic trade policies can have profound impacts on small businesses and cross-border relationships. What might appear as a simple administrative decision can create significant challenges for entrepreneurs who rely on smooth international commerce. This tale of survival is more than just a business strategy—it's a testament to the adaptability of companies caught in the crossfire of international trade disputes. By finding innovative workarounds, businesses can continue to thrive, even when economic policies seem designed to create obstacles. The Vermont shipping facility has become more than just a logistical solution; it represents hope for small businesses navigating the complex landscape of international trade, proving that creativity and determination can overcome seemingly insurmountable challenges. MORE...

Local Small Business Owners Brace for Economic Uncertainty Amid Trump's Tariff Announcement As trade tensions escalate, small business owners in Orange County are nervously anticipating the potential economic ripple effects of newly proposed reciprocal tariffs. The impending trade conflict threatens to create significant challenges for local entrepreneurs who are already navigating a complex economic landscape. Small business owners are expressing growing concern about potential price increases and the broader economic implications of these retaliatory trade measures. The uncertainty surrounding the tariffs has sparked widespread discussions about potential strategies for mitigating financial risks and maintaining business stability. Local entrepreneurs are closely monitoring the situation, preparing contingency plans to protect their businesses from potential economic disruptions. The proposed tariffs could lead to increased operational costs, potentially forcing some businesses to reassess their pricing strategies and supply chain management. NBC4 News will continue to provide in-depth coverage of this developing story, exploring the potential impact on Orange County's vibrant small business community. Reporting by Hetty Chang NBC4 News April 2, 2025 MORE...

As Baidu, China's leading tech powerhouse, secures new deals, South Korean tech firms find themselves struggling to maintain their foothold in the competitive US market while simultaneously navigating increasingly complex Washington regulations. The strategic moves highlight the shifting dynamics in the global technology landscape, where Chinese companies are aggressively expanding their international presence despite geopolitical challenges. Baidu's recent business developments underscore the company's resilience and ambition, contrasting sharply with the mounting pressures faced by South Korean tech giants. These firms are experiencing significant headwinds, forced to recalibrate their strategies in response to tightening US technological restrictions and intensifying international competition. The emerging scenario reflects a broader trend of technological realignment, where traditional market leaders are being challenged by innovative and adaptable companies from emerging tech ecosystems. As geopolitical tensions continue to reshape global technology partnerships, companies must remain agile and strategic in their international expansion efforts. MORE...

Business leaders across the United States are voicing sharp criticism of President Donald Trump's latest tariff announcement, expressing deep concerns about the potential economic fallout. The sweeping new trade duties have sent shockwaves through corporate boardrooms, with major industry lobbying groups warning of significant challenges ahead. Industry representatives argue that the broad-reaching tariffs could disrupt supply chains, increase operational costs, and potentially harm American businesses' competitive edge in the global marketplace. The widespread pushback highlights the growing tension between the administration's trade policies and the private sector's economic interests. Lobbying groups are particularly worried about the potential ripple effects these tariffs might have on manufacturing, international trade, and overall business performance. The announcement has sparked intense debate about the potential short-term and long-term economic consequences of such aggressive trade measures. MORE...

In a bold move to revitalize downtown Denver's safety and atmosphere, Mayor Mike Johnston unveiled a comprehensive new strategy on Wednesday aimed at addressing urban challenges and restoring community confidence. The plan represents a proactive approach to creating a more secure and welcoming environment for residents, businesses, and visitors alike. Johnston's initiative comes at a critical time, signaling the city's commitment to transforming downtown's public spaces and addressing ongoing safety concerns. By introducing targeted interventions and collaborative strategies, the mayor hopes to breathe new life into the heart of Denver and rebuild trust among its diverse community members. While specific details of the plan were not fully disclosed, the announcement suggests a multi-faceted approach that likely involves enhanced law enforcement presence, community engagement, and strategic urban design to create a safer, more vibrant downtown district. The safety plan is expected to be a key component of Johnston's broader vision for urban renewal and community well-being, demonstrating his administration's dedication to creating a more livable and dynamic city center. MORE...

In the heart of Detroit, the Crawford family is doing more than just developing properties—they're crafting a transformative narrative that breathes new life into the city's landscape. Through their innovative firm, Crawford Real Estate and Development (CRED), this dynamic family of five is weaving together entrepreneurship, community empowerment, and urban revitalization. More than mere business owners, the Crawfords are visionary architects of change, strategically investing in Detroit's potential and inspiring a renewed sense of hope and possibility. Their work extends far beyond traditional real estate development; they are actively reshaping the city's cultural fabric, one project at a time. With each property they restore and each neighborhood they touch, the Crawford family demonstrates a profound commitment to Detroit's renaissance. Their legacy is not just about constructing buildings, but about rebuilding community spirit, creating opportunities, and proving that family-driven entrepreneurship can be a powerful catalyst for urban transformation. MORE...

In a candid interview with Fox Business on Wednesday, Stephen Miran, Chair of President Trump's Council of Economic Advisers, acknowledged that the recently announced tariffs would likely create some short-term economic challenges. Miran's comments provide insight into the potential immediate impacts of the administration's trade policy, suggesting that while there may be initial market disruptions, the long-term strategy remains focused on economic resilience and strategic trade positioning. The economic advisor's frank assessment highlights the complex nature of international trade negotiations and the potential ripple effects of tariff implementations. Despite the anticipated bumps in the economic landscape, the administration appears confident in its approach to protecting domestic economic interests. MORE...