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Trump's tariffs are squeezing small businesses before the 2025 holidays

Business

Small businesses across the US are struggling with higher costs and supply headaches thanks to Donald Trump's tariffs.
With imported goods now pricier, many shops have had to bump up prices.
According to a recent survey, 71% of small business owners think these tariffs will put a dent in consumer spending this season, and nearly half expect it to hit especially hard.

Why should you care?

From holiday lights to toys, companies are feeling the strain—some like Village Lighting Co in Utah have faced almost $1 million in tariff costs this year alone.
With slim profit margins and little relief expected before 2026, most small businesses say they're worried about making it through next year.