Why Trump’s unpredictable tariffs are so devastating for small businesses
Small U.S. businesses that trade with China have over the years been largely overlooked, including by Presidents Biden and Trump, Congress and the media. Additional tariffs up to 135 percent on goods imported from China pose an existential threat to these businesses, which sustain jobs and pay taxes in every state in the country.
It’s time to recognize these businesses' contributions and take steps to save them and others engaged in this trade.
Most disheartening for these folks is that when they attempt to educate their congressional representatives they are lectured about how bad China is, about how most of the tariffs have been reduced to 30 percent for 90 days, and about how they will be made whole when President Trump’s "big, beautiful bill” is passed with tax relief for all.
In fact, none of these things will help these businesses avoid disaster. However, they did receive a temporary reprieve this week when a specialized court in New York ruled that many of the tariffs are illegal, suspending their imposition. And even then, hours later, an appeals court © The Hill
