Small businesses struggle under Trump's tariff whiplash: 'I'm so angry that my own government has done this to me' [View all]
Source: CNN Business
Updated 3:11 PM EDT, Sun June 1, 2025
New York CNN — For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs.
The situation was already confusing, with stops and starts of tariffs at different levels. Then on Wednesday, a US court said Trump overstepped his authority in imposing most of those import levies – only for an appeals court on Thursday to pause the previous court’s ruling.
The confusion has made it challenging for some small companies to plan, business owners told CNN. In certain cases, they have had to consider changing their product strategy, looking into shifting their supply chains, reducing staff hours or delaying products.
“My fear is, if this continues, there’s going to be like the mass extinction of small businesses,” Julie Robbins, CEO of Ohio-based guitar pedal maker EarthQuaker Devices, told CNN. Trump announced blanket tariffs across the globe on April 2, and since then, his plans have changed on a regular basis.
Read more: https://www.cnn.com/2025/06/01/business/small-businesses-struggle-under-trumps-tariffs
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