Navigating the tariff economy for small businesses

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Navigating the tariff economy for small businesses

//business-finance.news-articles.net/content/202 .. ing-the-tariff-economy-for-small-businesses.html

Published in Business and Finance on Thursday, May 22nd 2025 at 10:40 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The co-owner of Uncle Jerry's pretzels offers her advice.

- Click to Lock Slider

The article from Fortune, published on May 22, 2025, discusses the impact of new tariffs on small businesses, focusing on Uncle Jerry's, a family-owned furniture store. The tariffs, imposed on imported goods from China, have significantly increased the cost of goods for small businesses like Uncle Jerry's, which relies heavily on affordable Chinese furniture. The owner, Jerry Thompson, explains that the price hikes are forcing him to either absorb the costs, which threatens the business's profitability, or pass them onto customers, potentially driving them away. The article highlights the broader economic implications, noting that many small businesses are facing similar challenges, which could lead to reduced consumer choice and increased prices across various sectors. It also touches on the political debate surrounding the tariffs, with some arguing they protect domestic industries while others claim they harm small businesses and consumers.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/22/small-business-uncle-jerrys-tariffs/ ]

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