Tag: #Small Business Majority

Troubled US small businesses highlight severe consequences of tariffs

Hu Weijia May 02, 2025

Troubled US small businesses highlight severe consequences of tariffs

CNN reported on Saturday that the US' 145 percent tariff on China "could crush American small businesses." John Arensmeyer, founder and CEO of Small Business Majority, said that US small businesses will have to raise prices, cut staff, delay growth plans or shut down entirely just to keep...More