Many SF Chinatown businesses in survival mode, facing uncertainty from Pres. Trump's trade war

Businesses in San Francisco's Chinatown are grappling with the repercussions of the trade war as President Trump’s tariffs on Chinese goods remain in effect. Nancy Yu, owner of Asiastar Fantasy, reports that her shipping costs have skyrocketed, prompting her to delay new shipments. Local residents have begun stockpiling staples like rice and soy sauce, fearing further price hikes. Mill Lei, owner of Jumbo Trading Company, notes that she must change pricing stickers every few days due to rapid cost surges. The uncertainty surrounding trade negotiations has led both Yu and Lei to take proactive measures to protect their businesses.

They are hopeful that new trade deals can be reached by July, easing the financial burden. The tariffs not only impact local businesses but also affect the wider community in Chinatown. As the situation evolves, many are left anxiously awaiting updates on trade discussions.