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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.
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  • 40% of the sources are Center, 40% of the sources lean Right
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Seeking Alpha broke the news in United States on Sunday, May 11, 2025.
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