August 15, 2025 - 01:05
A national coalition of CEOs, known as Small Business for America’s Future, has expressed significant concerns regarding the impact of tariffs on small businesses across the country. In a recent letter addressed to President Trump and other key officials, the coalition highlighted the disproportionate burden that these tariffs impose on smaller enterprises, which often lack the resources to absorb increased costs.
The coalition argues that the rising tariffs on imported goods have led to heightened prices, making it difficult for small businesses to remain competitive in an already challenging economic environment. Many small business owners fear that these additional costs will ultimately lead to reduced consumer spending and hinder their ability to invest in growth and innovation.
The letter calls for immediate action to alleviate the financial strain caused by tariffs, emphasizing the need for policies that support the backbone of the American economy. These small business leaders are hopeful that their concerns will be taken seriously and that solutions will be implemented to foster a more favorable business climate.
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