Trade War Pain Hits Small Startups

Trade War Pain Hits Small Startups

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of tariffs on small businesses, particularly hardware startups reliant on Chinese manufacturing. These companies face challenges due to their inability to offset costs like larger firms. Some are stockpiling inventory to delay price increases, while others monitor competitors' actions. The tariffs force startups to divert resources from growth to survival strategies, potentially pricing them out of the market.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do small hardware startups face compared to larger companies like Apple?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the potential consequence for a small company if they cannot absorb the costs of tariffs?

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