Tariffs are affecting local businesses even with 90-day pause
- Local small businesses such as South Lake Brewing Company and Cuppa Tahoe are facing challenges from tariffs in 2025 across the U.S. Market.
- These challenges arise from tariff policies initiated under President Trump, including a three-month pause announced in April that will expire in July 2025.
- Affected businesses struggle with rising costs on imported aluminum and alcohol packaging, forcing them to absorb tariff costs while avoiding immediate price increases.
- Surveys show 66% of small business owners expect or have felt tariff impacts, and 60% report financial stress related to tariffs and inflation.
- This environment of uncertainty may lower morale and limit creativity, suggesting that small businesses must adapt strategically to remain viable through 2026 and beyond.
56 Articles
56 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…

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…
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