Tariffs will mean the end for my small business
- In April 2025, the confidence level among small U.S. Businesses declined by 1.6 points to 95.8, marking the fourth consecutive monthly drop.
- This decline follows tariff impositions up to 145% and growing uncertainty linked to trade policies under President Trump and a Republican Congress.
- Small businesses have reduced spending and investments, with owners citing labor quality, inflation, and taxes as major ongoing concerns amid shifting trade tensions.
- According to NFIB Executive Director Holly Wade, the uncertainty remains "really high, historically speaking, right now," despite tariffs being temporarily cut from 145% to 30%.
- The temporary tariff relief may provide some breathing room, but small business owners remain unsure about conditions beyond the 90-day pause, affecting their operations and planning.
14 Articles
14 Articles
Trump tariffs sour opening of NYC candy store by Zabar scion: ‘I’m eating the cost’
The chaos caused by President Trump’s tariffs have been a bitter pill to swallow for those planning to open a restaurant in the Big Apple – including a sweets shop from the scion of the famed Zabar family.
‘I wanted to throw up’: Small business owners bristle at cost of new Trump policy
The signs of a contracting economy are hitting small businesses hard, even as President Donald Trump announces, and then delays, another massive 145 percent tariff on a U.S. trading partner. The Wall Street Journal reports the owner of a San Francisco card-game company was recently driven to cash in his money-market funds, while the founder of a Colorado tent-making company is having to seek investors. Another Colorado company that makes watches…
Tariffs will mean the end for my small business
Small business owners like Joann Cartiglia are facing the possibility of bankruptcy due to tariffs on toy imports, and are urging the Trump administration to find an alternative way forward that defends American interests without sacrificing entrepreneurs who embody the American Dream.
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- 40% of the sources are Center, 40% of the sources lean Right
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