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News in English (USA) / 24.04.2025 / 12:00

Impact of Tariffs on Small Businesses Across the U.S.

Small businesses across the United States are feeling the squeeze of recent tariff policies, with many owners expressing concerns about their survival in a challenging economic environment. Business leaders from various sectors, including retail and manufacturing, report that tariffs are affecting profit margins and complicating their ability to compete with larger corporations. Some entrepreneurs are turning to platforms like GoFundMe for financial assistance, while others are calling on lawmakers to provide exemptions specifically for small businesses. Despite the uncertainty, certain local business communities remain optimistic, hoping to navigate these turbulent times with creative strategies. However, many fear the long-term implications of the ongoing trade dynamics, as they struggle to adapt to new tariffs and maintain stability.
NPR, Bring Me The News, VTDigger, CNN, MSNBC News, Scripps News, San José Spotlight, kaaltv.com, The New York Times, CNBC