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The Effect Of Tariffs On Small Businesses

The Effect Of Tariffs On Small Businesses

Published 11 months ago
Description
President Donald Trump promised tariffs on the campaign trail. Those tariffs are here – but how much of them, where, and on who, has changed a few times.

Here's where things stand right now: President Trump rolled tariff rates back to a baseline ten percent for most countries, but raised the tariffs on China to 145 percent. Global trading markets plunged due to a series of rapid shifts in trade policy.

We discuss how these policies affect small businesses, many of which have to rely on goods that come from other countries.

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