Home Business Local Businesses Sound Alarm Over Impact of Tariffs as Economic Pressures Mount

Local Businesses Sound Alarm Over Impact of Tariffs as Economic Pressures Mount

by Sonia Park
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Local Businesses Sound Alarm Over Impact of Tariffs as Economic Pressures Mount

As tariff debates escalate ahead of the 2024 election, small and local business owners across the country are voicing growing concerns about the economic toll of rising trade barriers. In interviews and public statements, business leaders warn that the continuation — and possible expansion — of tariffs under former President Donald Trump’s proposed policies could be devastating to their operations, potentially forcing layoffs, price hikes, or even closures.

Speaking on ABC's "This Week," a small business owner described how current tariffs have already strained his company’s supply chain and drastically increased operational costs. He warned that if Trump’s. . .

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