US EditionTariffs are affecting local businesses even with 90-day pause
- Local small businesses like Cuppa Tahoe and South Lake Brewing Company are facing challenges from tariffs despite a 90-day pause announced in April 2025.
- This situation follows the Trump administration’s imposition of tariffs, creating uncertainty about potential increases and affecting imported goods like aluminum used by breweries.
- Business owners report suppliers absorbing costs temporarily, but concerns persist over rising prices and limited margins, especially for small firms reliant on imports.
- Sandra Santane stated, "We work on smaller margins, we don't have a buffer like big box stores do," highlighting the vulnerability of small businesses under these pressures.
- Consequently, businesses expect the pause to last only through summer, with impacts likely extending into 2026 as costs squeeze budgets and dampen morale and creativity.
48 Articles
48 Articles
Trump's tariffs: the impact on prices is already dated on some U.S. products.
The rise in commodity prices in the United States will have visible consequences since July. Specifically, companies like Procter & Gamble (P&G) and PepsiCo already reported that they will adjust their prices for tariffs imposed by Donald Trump and for the increase in operating costs, while other companies face similar scenarios. Procter & Gamble will increase its prices in July for Trump tariffsP&G financial director Andre Schulten confirmed th…
MyCentralOregon.com
Do Trump's tariffs put small businesses at greater risk? Experts weigh in
(Thana Prasongsin/Getty Images) (NEW YORK) — A carousel ride and 12 flavors of fudge await shoppers at LARK Toys, a family-owned toy shop outside Minneapolis, Minnesota. The glee on offer belies the stress behind the counter as President Donald Trump’s 145% tariffs on China, which are set to trigger price increases and product shortages within a matter of a few months, co-owner Kathy Gray told ABC News. The store imports four out of every five o…
Survey shows over 60% of U.S. small businesses pessimistic about U.S. economy
A majority of small businesses in the United States are pessimistic about the U.S. economy and concerned about tariff policies having a possible negative impact on their business, a U.S. survey showed on Friday.According to the survey released by CNBC, about 66 percent of small business owners believe they either have been or expect to be impacted by tariffs, and 51 percent said they expect changes in trade policy to have a negative effect on th…
Making big life decisions during a time of massive change
Kiersten Essenpreis for BIFeeling frozen in place by the rapidly changing global landscape? You're not alone.President Donald Trump's policies — headlined by an aggressive approach to tariffs — have left Americans unsure what to do or how to react.Stocks tumbled and recession alarm bells started ringing after Trump's announcements. While he has since backtracked on some of his boldest plans, and the economy has stayed surprisingly resilient, the…
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