Are they planning to just close their businesses?
Yes, but that means for one, liquidating present inventory, equipment, and real estate, and for the other, honoring existing orders placed with their European suppliers, and then trying to liquidate the goods from those suppliers..
Also, that one has thought of dumping the business, but working part time as a Consultant..Hard Choices.
BTW, one of these business owners woke up to find a communique requesting all future orders be paid at the time of ordering..It's always been in the past that they pay within 30 days of receipt from the European Suppliers/Manufacturers.
I take that as a sign, other countries think ours is going down the toilet ...within hours of Obama's re-election.. Coincidence?