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Tariffs Squeeze Small Businesses a Year After Trump's Trade Policy

Published 2 days, 3 hours ago
Description

Small business owners grapple with ongoing tariff struggles, a year after Trumps Liberation Day trade policy. Despite Supreme Court ruling tariffs illegal, new duties imposed, causing price hikes, inventory rethinking, and hiring freezes. Coalition reports $140 billion spent on duties, no refunds yet. Freight markets also affected, with smaller orders, delayed shipments, and shifting suppliers creating demand volatility. Business leaders anticipate trade headaches until at least 2026, seeking stability for recovery.

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