Small businesses face financial whip from Trump's ever-changing Chinese tariffs

Los Angeles - Business owner Bobby Djavaheri has imported items from Los Angeles warehouses expect of High price tariffs He fears that it will eventually ruin his livelihood.

"I found myself feeling that the government didn't support me and supported my cause," Djavaheri told CBS News. "It was a very strange, weird feeling."

Djavaheri's company, Yedi Houseware Epplace, sells small kitchen utensils made entirely in China, such as air fryers and rice.

When his new shipment began to arrive two weeks ago, he was attacked by President Trump's 145% tariff on Chinese goods. The tax bills he received from U.S. Customs ranged from $9,000 to $21,000.

Before the tariffs were made, Djavaheri said he could have paid "a few hundred dollars" on the goods.

"People need to understand that when you have a very low profit business, it makes it almost impossible to start a business," Djavaheri said.

But now only two weeks later - tariffs on Chinese imports Reduced to 30% At least 90 days truce On Monday, between the United States and China - Jawahri said he had to re-hub.

He said the 30% tariff is still "not cheap", especially on goods with rising prices.

"We've raised the price of everything," Djavaheri said.

He is now anxious to order products for the holiday shopping season.

"The shipping price has tripled," Djavaheri added.

This situation puts many American businesses in a dilemma: They either pay at the current 30% tariff rate in China or wait for the Trump administration to lower the tariffs further.

"The responsibility is the huge cash expenditure these businesses face," Ryan Petersen, CEO of logistics company Flexport, told CBS News. "Many of them are in a position where they don't want to pay immediately. They would rather leave the goods here until the last moment they need it."

Flexport now sees high demand for foreign trade zone facilities and bond warehouses located near ports and airports. These facilities allow companies to store goods and temporarily avoid tariffs.

“Both types of facilities allow you to defer responsibility until the goods leave the building,” Peterson said.

Djavaheri said he would never recover the money he paid at a 145% tariff rate. He believes that financial whipping means he can't expect to make a profit this year. Instead, he will try to stay floating.

"This is a war between us," he said.

Carter Evans