Democrats Warn Tariffs Could Break Small Businesses

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Democrats Warn Tariffs Could Break Small Businesses

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Democrats Warn Tariffs Could Break Small Businesses

^{Published on 2025-05-09 13:20:54 - Forbes}

A new Democratic report says tariffs are raising costs, cutting jobs, and putting pressure on small businesses in manufacturing, construction, trucking, and retail.

In an article published on Forbes on May 7, 2025, by Brandon Kochkodin, Congressional Democrats express strong opposition to the newly imposed tariffs, arguing that they represent a severe blow to small businesses across the United States. The tariffs, which target a range of imported goods, are criticized for increasing costs for small business owners who rely on these imports, thereby threatening their competitiveness and survival. Democrats highlight that these measures could lead to job losses and higher prices for consumers, exacerbating economic pressures already felt by many Americans. They call for alternative strategies to support domestic industries without placing undue burdens on small enterprises, emphasizing the need for a more balanced approach to trade policy.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/brandonkochkodin/2025/05/07/congressional-democrats-say-tariffs-are-the-nail-in-the-coffin-for-small-business/ ]

N@N

Democrats Warn Tariffs Could Break Small Businesses