Tariff Asteroid Is Coming to Destroy America’s Small Businesses

free link:
https://www.wsj.com/business/tariffs-china-ryan-petersen-small-business-35f99669?st=o9o9ot&reflink=desktopwebshare_permalink

Small business “job creators” tend to be an overwhelmingly Republican constituency.

Give them what they voted for – good and hard.

intercst

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Depends on your business.

I have 2 small businesses.

One is essentially tariff immune since it is a vacation rental. Not dependent on Canada nor Mexico for tourists, my major markets are Dallas, Houston, Atlanta, Nashville, and Chicago. You could argue tariffs could affect anything I have to repair or replace but that would be a minimal cost compared to overall inflation that has occurred the past couple years.

Second business is a trailer park/storage facility. More susceptible to repair prices but not by much. Not like I’m replacing Subzero refridgerators or hard wood flooring. Pretty much the cheapest option at nearby Big Box Store. Again, inflation has been a bigger factor so far. Plus, with oil and gas exploration still strong, just had a drilling company come and rent out 3 units long term for OVER asking price. Can’t figure the one out but not arguing either.

Then throw in an article the other day on a hand dryer manufacturer, Xlerator, totally American made, complete supply chain begins and ends in USA, no issues.

Like any scenario, all depends.

If they really need to be that selfish…and self centered…

We can send prayers.

Almost the least we can do.