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From Squid Game to Blackpink, how South Korea became a culture powerhouse
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Most small businesses—60%—also absorbed some of the tariff costs internally. But in a rebuke to the Trump administration’s goal of reviving American industry, few were able to pivot to alternative suppliers or buy local. Only 13% of firms that reported price increases said they had switched to domestic suppliers, according to the survey. And a mere 3% of small businesses said they had successfully relocated their production or services back to the U.S.
Фото: Eduardo Munoz / Reuters
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