As the U.S.-China trade war continues to evolve, many small business owners are growing increasingly unsettled by a fickle economy and fearful of what some believe is a looming recession.

A recent CNBC|SurveyMonkey Small Business Survey found that confidence among small business owners has dropped to its lowest level in two years — with one-third of participants reporting that President Donald Trump’s trade policy will have a negative effect on their business.