Small businesses take it on chin in Trump’s tariff war — here’s how they’re trying to weather storm

Now, the company, which supplies supermarkets and restaurants across the Midwest, is talking to bankers to expand a line of credit so it can pay an extra $20,000 in tariffs on a shipment of choice beans coming from Ethiopia. On top of the $20,000 in tariffs, Wonderstate will have to pay approximately $4,000 in interest to borrow the money for the duties, Semanchin said. Shires told The Post that the company currently has enough inventory to sell through the summer, but “we won’t have enough stock to stay open” going into the fall if the tariffs remain in place.

Author: Lisa Fickenscher, Ariel Zilber, Taylor Herzlich

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