Trump’s Tariffs Leave US Business Tied up in Costly Red Tape

From Colorado’s small businesses to its large corporations, tariffs are having a jarring impact

Krimson Klover, a high-end women’s outdoor and lifestyle apparel company, isn’t in danger of going out of business because of tariffs. But Gail Ross, chief operating officer, said the 37.5% tariff the Boulder company is paying on goods from China has created cash-flow issues that affect every aspect of the business. “When you owe the government, call it a couple hundred thousand dollars that wasn’t expected, suddenly you’ve got to tighten up oth…

The truth about Trump’s tariffs

President Donald Trump announced a broad package of import duties on April 2, 2025, calling it “Liberation Day.” By May 15, Trump and/or his officials had announced new or revised tariff policies more than 50 times, according to The Washington…

'Death by a thousand papercuts' as importers struggle with new tariff compliance rules

Trump’s tariffs leave U.S. business tied up in costly red tape

5 Tips From Shark Tank’s Daymond John on Navigating Trump’s Tariffs

It’s a tough time to be an entrepreneur–but you’re not alone.

Tariff Red Tape Hits Small Businesses Hardest

Smaller firms in particular are struggling to cope with unprecedented requirements to trace paper trails for every widget and gadget, showing what’s in them and where they came from.

Trump’s Tariffs Leave US Business Tied Up in Costly Red Tape

Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.