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For America’s 35M small businesses, tariff uncertainty hits especially hard

For America’s 35M small businesses, tariff uncertainty hits especially hard Small businesses in the US are facing significant challenges due to tariff uncertainty, with over 97% of US companies that import goods being small businesses. The Trump administration’s unpredictable approach to trade policy has created a “whiplash effect” for small businesses, making it difficult for […]

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That $20 dress direct from China now costs $30 after Trump closed a tariff loophole – and the US will soon end the ‘de minimis’ exemption for the rest of the world, too

That $20 dress direct from China now costs $30 after Trump closed a tariff loophole – and the US will soon end the ‘de minimis’ exemption for the rest of the world, too The Trump administration has closed a tariff loophole that allowed retailers to ship packages duty-free to US shoppers, increasing prices on Chinese […]

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Smartphone tariffs are coming back in ‘a month or two,’ says Trump admin

Smartphone tariffs are coming back in ‘a month or two,’ says Trump admin Smartphone tariffs are expected to be reinstated within a month or two, according to Commerce Secretary Howard Lutnick. The Trump administration had previously exempted smartphones and laptops from tariffs imposed on Chinese-produced goods, but will now subject them to a “special focus […]

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Trump’s ‘Liberation Day’ tariffs are the highest in decades − an economist explains how that could hurt the US

Trump’s ‘Liberation Day’ tariffs are the highest in decades − an economist explains how that could hurt the US President Donald Trump unveiled a sweeping new tariff plan on April 2, 2025, to reshape U.S. trade and boost domestic industry. Framing the announcement as “Liberation Day,” he proposed a 10% tariff on essentially all imports, […]

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