Small businesses are pushing for exemption from Trump Tariff star-news.press/wp

Small business owners pray for relief from steep new USA Tariffs on foreign goodsSaying that more import taxes imposed on dozens of key trading partners threaten their means for a living.

Senator Ed Markey, a member of the US Senate Board for Small Business and Entrepreneurship, said UA letter Mala Business Managements (SBA) on Friday This minor enterprises deserve an exemption from the Tariff of Trump administration, which Massachusetts Democrat criticized as “recklessly imposed”.

Markey also mentioned that the Trump Management moved to corporate giants like Apple and Google from the influence of some trade policies, and pressed a white house for small businesses. Now earlier this month moved to an exempt Smartphones, computers and other high-tech products from new tariffs, boon for large technological manufacturers.

“SMALA Companies are the life force of the American economy, but because they work on caring margins, they are unique to the growing costs caused by the Trump Tariff Price prices or resources to navigate a complex supply channel,” it has written for one complex channel.

Under the President Trump, the United States is Hell Tariffs in Chinese imports at as much as 145%, while the products from most other countries are subject to 10% tariffs. Mr. Trump has also announced steep “reciprocal tariffs” for dozens of American trading partners, but earlier this month They pauses them in 90 days.

Trump administration officials defended the tariffs, saying that it would protect the domestic production sector, encourage economic growth because more companies moved its production in the United States and creating billions in federal revenues.

The White House did not immediately answer the comment request.

Isabel Guzman, former Head of the SBA Chief of the Global Council for the Global Room, told the news of the CBS that small businesses face tariff challenges “without being able to have, without the diversity of supply chain.”

“So it’s obvious that the influence of them will be stronger, short-term pain will be much harder to feel all of them,” Guzman said.

Some small business owners say tariffs already have a negative impact. Kristin Bear, the founder of the weight of the lock, underwear company in the USA that makes its clothes in China, Recently said CBS Moneywatch In order to force enhanced US tariffs to force orders for the entire season, equivalent to approximately $ 500,000.

2025-04-26 00:45:00

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