{"id":269658,"date":"2025-11-07T21:47:08","date_gmt":"2025-11-07T21:47:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/269658\/"},"modified":"2025-11-07T21:47:08","modified_gmt":"2025-11-07T21:47:08","slug":"how-trumps-tariffs-are-crushing-small-businesses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/269658\/","title":{"rendered":"How Trump\u2019s tariffs are crushing small businesses"},"content":{"rendered":"

U.S. small businesses <\/a>are reeling under the weight of President Donald Trump<\/a>‘s tariffs.<\/p>\n

Unlike large retailers, many of which have the resources and scale to blunt the effects of higher costs, many small companies facing bigger tariff bills are struggling to survive.<\/p>\n

Eunice Byun, the CEO of Material Kitchen, a small business that sells kitchenware for the home, said the complexity of her supply chain has increased tenfold.<\/p>\n

“We’ve definitely taken it on the chin year-over-year in terms of our top line revenue,” Byun told CNBC.<\/p>\n

Anjali Bhargava, the owner of Anjali’s Cup, which sells chai concentrate and turmeric blends, said the current economic climate and tariffs are threatening her livelihood.<\/p>\n

“It’s been really frustrating because I don’t have the resources to stockpile,” Bhargava said.<\/p>\n

The U.S. has about 36 million small businesses, according to the Small Business Administration, which account for about 43% of U.S. GDP.<\/p>\n

So what impact are tariffs having on small businesses, and how are larger retailers able to skirt their impact? CNBC spoke with small business owners to find out.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"U.S. small businesses are reeling under the weight of President Donald Trump‘s tariffs. Unlike large retailers, many of…\n","protected":false},"author":2,"featured_media":269659,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[5067,64,63,99,174,512,5834,2490,164,84,12587,9355,105,2418,1055,15558,34395,17263],"class_list":["post-269658","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-apple-inc","tag-au","tag-australia","tag-business","tag-business-news","tag-china","tag-donald-j-trump","tag-donald-trump","tag-economy","tag-politics","tag-small-business","tag-tariff","tag-technology","tag-u-s-economy","tag-united-states","tag-video-first","tag-walmart-inc","tag-world-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/269658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=269658"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/269658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/269659"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=269658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=269658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=269658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}