Small business owners worry that mounting economic uncertainty, driven largely by President Trump's shifting tariff policies, could shut their doors for good. Beth Benike, cofounder of Busy Baby, told CBS MoneyWatch that a lack of clarity on the direction of U.S. tariffs poses serious problems for the Oronoco, Minnesota-based retailer.

Stock is piling up in warehouses as exporters grapple with new levies that total up to 145%, reports the BBC's China correspondent Laura Bicker.