{"id":177256,"date":"2026-02-24T01:15:07","date_gmt":"2026-02-24T01:15:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/177256\/"},"modified":"2026-02-24T01:15:07","modified_gmt":"2026-02-24T01:15:07","slug":"austin-area-businesses-figuring-out-how-to-navigate-changing-tariff-landscape","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/177256\/","title":{"rendered":"Austin-area businesses figuring out how to navigate changing tariff landscape"},"content":{"rendered":"<p>Business owners in the Austin area continue to wonder what&#8217;s next after months of figuring out how tariffs affect their bottom lines.<\/p>\n<p>AUSTIN, Texas \u2014 On Monday, all three major Wall Street markets saw deep drops as investors feel uncertain about tariffs and artificial intelligence.<\/p>\n<p>Over the weekend, President Donald Trump said <a href=\"https:\/\/www.kvue.com\/article\/associatedpress\/associatedpress\/the-latest-trump-says-hell-raise-tariffs-to-15-after-supreme-court-ruling\/616-646727d2-c90a-4070-b4c3-0df73e69c8bd\" rel=\"nofollow noopener\" target=\"_blank\">he would place temporary 15% tariffs<\/a> on other countries, up from the 10% he announced on Friday.<\/p>\n<p>The new tariffs could last up to 150 days, unless Congress extends it further.<\/p>\n<p>Business owners in Austin continue to wonder what&#8217;s next after months of figuring out how tariffs affect their bottom lines.<\/p>\n<p>&#13;<br \/>\nFraming company navigating changes                    <\/p>\n<p>Natasha McRee spends her day at Wexel Art making sure works of arts have proper displays.\u00a0<\/p>\n<p>&#8220;We started as an acrylic frame company and it was born out of my frustration for not having a good way to display kids art and family photos in a way that you could update and change,&#8221; McRee said.\u00a0<\/p>\n<p>In the past year, McRee said what frustrated her more were the changes to economic policy.\u00a0<\/p>\n<p>&#8220;When the tariffs were announced, we were importing everything from China and we really had to scramble,&#8221; McRee said.\u00a0<\/p>\n<p>In 2025, Trump enacted tariffs on certain countries by invoking the International Emergency Economic Powers Act (IEEPA).<\/p>\n<p>McRee said she kept customers and staff in mind while navigating the growing cost of business.\u00a0<\/p>\n<p>&#8220;It has been a roller coaster ride. It has been really hard to focus on building our business when we&#8217;ve had to be so reactive without having any warning or notice that these were coming down the pipeline,&#8221; McRee said.\u00a0<\/p>\n<p>&#13;<br \/>\nFurniture store hoping for relief                    <\/p>\n<p>Hank Cravey, owner of World Interiors in Austin, said he had to do the same.\u00a0<\/p>\n<p>&#8220;We were holding out hoping that, you know, we wouldn&#8217;t have to raise the prices further, and sure enough it looks like now the Supreme Court&#8217;s come through for us and and we&#8217;re going to see some relief,&#8221; Cravey said.\u00a0<\/p>\n<p>On Friday, <a href=\"https:\/\/www.kvue.com\/article\/news\/nation-world\/supreme-court-trump-tariffs-decision-powers\/507-457f21ed-6c68-46cf-ba3e-6a844beab0e0\" rel=\"nofollow noopener\" target=\"_blank\">the U.S. Supreme Court ruled most of the president&#8217;s tariffs are illegal<\/a>. Now, the White House announced other global tariffs under a different part of the law. In the meantime, American companies are trying to get reimbursed for what they already paid.\u00a0<\/p>\n<p>&#8220;Now hopefully if we can get some refund that would be really helpful,&#8221; Cravey said.\u00a0<\/p>\n<p>&#8220;These are small. You know, independently owned Texas based companies that employ Texans, and it would make a real difference to our bottom line and theirs to get that right,&#8221; McRee said.\u00a0<\/p>\n<p>Both McRee and Cravey wonder if they too will get a cut.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Business owners in the Austin area continue to wonder what&#8217;s next after months of figuring out how tariffs&hellip;\n","protected":false},"author":2,"featured_media":177257,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":{"0":"post-177256","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/177256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=177256"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/177256\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/177257"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=177256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=177256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=177256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}