Tom Sullivan, U.S. Chamber Senior Vice President for Small Business Policy, joined America’s Small Business Network this week to discuss how tariffs are hindering small business growth.
Why it matters: Of the 230,000 U.S. importers, 97% are small businesses. For many of them, a tariff increase can significantly impact their bottom line.
Sullivan said the U.S. Chamber was receiving calls from small businesses saying, “We need the tariffs to go down. Please help us navigate through this time.” Small businesses across the country have been telling us how tariffs are hurting their ability to be competitive and stay in business:
What we’re doing: The U.S. Chamber is calling for immediate tariff relief for small businesses and to provide tariff exclusions for products that cannot be made in the U.S. or threaten American jobs. |
|
|