Small businesses struggle under Trump’s tariff whiplash: ‘I’m so angry that my own government has done this to me’
- EveAnna Manley from Manley Labs has cut employee hours by 25% due to falling sales, which are down over 19% compared to last year.
- Manley expressed concerns about a potential mass extinction of small businesses if challenges continue, stating, 'It’s just a freaking mess right now.'
- Tala Akhavan advised that small businesses should be flexible and diversify their sourcing and procurement strategies due to tariff impacts.
- Akhavan noted that any tariffs would be hard for small companies like hers to manage.
39 Articles
39 Articles
Retailers shift supply chains to reduce risks from Trump’s tariffs on China
A number of retailers are working to reduce their exposure to China as President Donald Trump's trade war with the second-largest economy rages on.In recent earnings reports, executives have indicated that they are restructuring their supply chains to reduce reliance on China and mitigate the impact of tariffs. Trump sees tariffs as a way to boost domestic manufacturing, but avoiding China is challenging, and many retailers have already warned o…
How is US-Canada tension affecting border business?
How is recent US-Canada tension affecting border business?In order to avoid international shipping rates or get their goods quicker, many Canadians travel just over the border to Sweetgrass and pick up their packages at the Border Storage.However, uncertain trade policies and concern over border crossings have caused business in Sweetgrass to take a dip.Watch the full story: How is US-Canada tension affecting border business?Kevan Lillace travel…
Amid Threat of Tariffs, a New Wave of Customs Fraud
As the US prepares to ( maybe ) ramp up tariffs on foreign goods, a surge of shadowy offers from overseas shippers promising to make the taxes "disappear" has ignited a new wave of customs fraud—leaving honest American businesses scrambling to keep up. As tariffs imposed by the Trump...
To survive Trump’s tariffs, small businesses need a Marshall Plan
As President Donald Trump’s tariff policies and the global trade war began to dominate headlines, early attention focused on the impact on consumers, investors, and major companies like Apple and Ford. Since then, the spotlight has also turned to Main Street, where small and midsize businesses—including manufacturers and industrial suppliers—are increasingly feeling the strain. Analyses from the Institute for Supply Management and other industry…
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