Small businesses struggling with inflation amid Trump tariffs ahead of midterms
Summary
Some small businesses say high inflation and President Donald Trump’s tariff policies are putting pressure on them ahead of the midterm elections. Restaurants report particular challenges, while some other businesses say they are expanding.Key Facts
- The report was published about two weeks before Election Day.
- Some small businesses say they are struggling with high inflation.
- Business owners cited the Trump administration’s tariff policies as a concern.
- Restaurants say they have been hit especially hard.
- Some businesses say they are expanding despite the difficulties.
- A Chamber of Commerce survey found that 71% of small businesses described their health as good.
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