Small business owners are feeling relief and hope after federal courts ruled against Trump's tariffs. However, uncertainty remains as the White House plans to appeal, leaving many businesses in limbo regarding their future plans and pricing strategies.
With tariffs on Chinese imports dropping from 145% to 30%, small business owners like Connor Alexander fear it may not be enough time for meaningful change. As uncertainty looms, they face tough decisions about production and pricing.
In a surprising move, the U.S. Treasury announced it will not enforce penalties related to the controversial beneficial ownership information reporting requirements for millions of businesses. This decision, part of the Corporate Transparency Act, raises concerns over national security and the fight against illicit finance.
As President Trump announces new tariffs on Chinese goods, small business owner Logan Vanghele scrambles to prevent a costly shipment crisis. Will he dodge the $25,000 fee?
