
The Economic Impact of Trump’s Tariffs on Small Business
Do new country-imposed taxes spell triumph or terror for America’s 32 million small businesses? CHARLESTON, SC, UNITED STATES, April 8, 2025 /EINPresswire.com/ -- On March 4, 2025, President Donald Trump imposed significant tariffs on imports from Canada, Mexico, and China, marking a pivotal escalation in global trade tensions. These measures include a 25% tariff on Canadian and Mexican goods and an increase from 10% to 20% on Chinese imports. The administration invoked the International Emergency …