Small businesses across America are facing significant challenges due to recent tariffs imposed by President Trump. These tariffs have led to cost increases, prompting some businesses to implement hiring freezes and budget cuts. In Asheville, residents have mixed reactions to the tariffs, while in Chicago, consumers are stocking up on groceries in anticipation of inflation. The tariffs are causing difficulties not only for small enterprises but also for larger companies, highlighting widespread economic concerns.
— new from The New York Times