With Donald Trump's presidency, small Irish businesses, particularly those in the fashion industry like Aoife McNamara's, are facing uncertainties. Trump's plans to implement tariffs on imported goods raise alarms about potential impacts on profit margins and the ability to expand within the competitive US market. Business owners fear that these tariffs could hinder their growth aspirations and ability to remain viable against domestic competitors. The outcome of these proposals could determine the future for many entrepreneurs looking to thrive abroad.
Trump's promise to impose tariffs on imported goods has raised serious concerns for small Irish businesses like Aoife McNamara's fashion brand, jeopardizing their market growth in the US.
The potential tariffs could significantly squeeze profit margins for small business owners, making it difficult for them to expand and compete effectively in the American market.
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