CounterPunch Exclusives

CounterPunch Exclusives

Small Business and the Trump Tariffs

Photo by Tim Mossholder

Last Friday, the Supreme Court ruled that President Donald Trump illegally imposed tariffs on U.S. imports from trading partners. The main partner is China, but also nations such as Canada and Mexico. How have the Trump tariffs collected, an estimated $175 billion, or six times the amount of the unfunded Affordable Care Act enhanced premium tax credit (subsidies) for Americans, hit small businesses based in the U.S.? Shaundell Newsome is a Las Vegas-based small business owner and co-chair of Small Business for America’s Future. The interview below took place via email and phone.

Seth Sandronsky: What’s your take on the recent Supreme Court 6-3 ruling on the constitutionality of the president’s tariffs?

Shaundell Newsome: That was a good start, but the damage done by a year of erratic tariffs won’t disappear overnight. So instead of searching for........

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