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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Podcasts & Opinions
19 Articles
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As a small business owner in the Mountain West, the threat of tariffs continues to be my problem
“President Trump’s tariffs will wipe out the investments made in our small family business and kill our manufacturing plant here in Boise,” writes Crista V. Worthy.
·Salt Lake City, United States
Read Full ArticleTrump tariffs sour opening of NYC candy store by Zabar scion: ‘I’m eating the cost’
The chaos caused by President Trump’s tariffs have been a bitter pill to swallow for those planning to open a restaurant in the Big Apple – including a sweets shop from the scion of the famed Zabar family.
·New York, United States
Read Full ArticleSmall businesses face rising uncertainty over tariff turmoil
The intermittent tariffs imposed by the U.S. have already disrupted long-established supply chains, putting at risk the very lifeline many small businesses depend on for their imports. Business owners affected by these sweeping trade measures are
·Beijing, China
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Total News Sources19
Leaning Left5Leaning Right5Center4Last UpdatedBias Distribution36% Left, 36% Right
Bias Distribution
- 36% of the sources lean Left, 36% of the sources lean Right
36% Right
L 36%
C 29%
R 36%
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