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Tariffs will mean the end for my small business

  • Small business optimism in the U.S. Dropped for the fourth consecutive month in April 2025, with the NFIB index falling to 95.8 nationwide.
  • This decline came after small business optimism peaked at 105.1 following the 2018 election, fueled by anticipations of tax cuts and reduced regulatory burdens, but this enthusiasm was later tempered by the imposition of 145% tariffs and ongoing uncertainty.
  • U.S. And Chinese officials agreed to reduce tariffs on China from 145% to 30% for 90 days to ease trade tensions and provide some relief for small businesses.
  • Holly Wade, Executive Director of Research at NFIB, noted that small business owners are holding back on spending and delaying investments due to an unusually high degree of economic uncertainty compared to past periods.
  • Despite many owners rating their business health as good or excellent, ongoing high tariffs, labor shortages, and inflation challenges may continue to slow small business growth.
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Seeking Alpha broke the news in United States on Sunday, May 11, 2025.
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