The U.S. dollar has depreciated to its lowest value in four years, resulting in increased costs for local businesses and potentially higher prices for consumers, although it could also lead to an increase in foreign tourism.
Tag: tariffs
Posted inNews
Downtown San Luis Obispo businesses manage the cost of tariffs
Scott Smith owns Central Coast Surfboards in San Luis Obispo, which carries several brands that manufacture their products overseas. Just two days after the Trump administration first introduced tariffs on imports from nearly 90 countries, he was concerned but remained hopeful for a policy reversal. “We’re just sort of at the mercy of the world, […]