On this edition of our Goldman Sachs entrepreneur series Kristen Scholer and Tim Stenovec discuss the top cities where small businesses and start-ups are thriving. Austin, Texas and Boulder, Colorado make the list. As companies start steering away from Silicon Valley these other metro areas provide a skilled workforce and established venture capital firms. Plus, we highlight Enrique Torres, the Co-owner, and President of Excellent Fruit and Produce in Miami, another city on the list!

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US businesses that rely on Chinese imports express relief and anxiety
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
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