Small US Firms Paying Trump Tariffs Face a $202 Billion Hit

Small US firms paying Trump tariffs face a $202 billion hit

Small U.S. companies, the source of more than half of the country’s job creation in recent years, are struggling to comply with President Donald Trump’s new tariffs and cope with growing financial str

Small US firms paying tariffs face a $202 billion hit

Small U.S. companies, the source of more than half of the country’s job creation in recent years, are struggling to comply with President Donald Trump’s new tariffs and cope with growing financial strains clobbering them from higher import costs.

Small US Firms Paying Trump Tariffs Face $202 Billion Annual Hit

Small US companies, the source of more than half of the country’s job creation in recent years, are struggling to comply with President Donald Trump’s new tariffs and cope with growing financial strains clobbering them from higher import costs.

For America’s 35M small businesses, tariff uncertainty hits especially hard - The Times Weekly

By Peter Boumgarden, Washington University in St. Louis and Dilawar Syed, The University of Texas at Austin Imagine it’s April 2025 and you’re the owner of a small but fast-growing e-commerce business. Historically, you’ve sourced products from China, but the president just announced tariffs of 145% on these goods. Do you set up operations in Thailand – requiring new investment and a lot of work – or wait until there’s more clarity on trade? Wha…

Small U.S. Businesses Paying Trump Tariffs Face a $202 Billion Hit

Small U.S. companies, the source of more than half of the country’s job creation in recent years, are struggling to comply with President Donald Trump’s new tariffs and cope with growing financial strains clobbering them from higher import costs.