Small US Firms Paying Trump Tariffs Face $202 Billion Annual Hit

Tuesday, August 12, 2025

Small US companies, the source of more than half of the country's job creation in recent years, are struggling to comply with President Donald Trump's new tariffs ...

Posted by retort at 09:00 AM | 16 COMMENTS | permalink | Comment on This Entry |

Alternate links: Google News | Twitter

Small US companies are struggling to comply with President Trump's new tariffs and cope with growing financial strains clobbering them from higher import costs

[image or embed]
-- Bloomberg News (@bloomberg.com) Aug 11, 2025 at 5:30 AM

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Finally, small business is being treated fairly in this country!

I agree with the first comment on the Bsky post:

"They will soon be bought up for a small amount of money by a big player who doesn't have to pay import duties, who will then take advantage of the situation, wages will go down and profits will go up."

#1 | Posted by snoofy at 2025-08-12 09:36 AM | Reply

MAGATS are ------- imbeciles.

#2 | Posted by LegallyYourDead at 2025-08-12 09:55 AM | Reply

This is good, who doesn't think corporations shouldn't pay their fair share!

#3 | Posted by oneironaut at 2025-08-12 11:37 AM | Reply

Our peaceful trading partners are not our enemies, they are our allies. We should beware of the demigods who are ready to declare a trade war against our friends, weakening our economy, our national security and the entire free world, all while cynically waving the American flag.
-- fmr Pres. Ronald Reagan, November 26, 1988

#4 | Posted by LampLighter at 2025-08-12 11:46 AM | Reply | Newsworthy 2

So they're not passing on the costs to consumers?

#5 | Posted by sitzkrieg at 2025-08-12 11:52 AM | Reply

fmr Pres. Ronald Reagan, November 26, 1988

#4 | POSTED BY LAMPLIGHTER

Nice find. I will pass that on to Dear Leader immediately.

Sounds like it's time to excommunicate Ronald Reagan from the Republican party and charge him with treason.

#6 | Posted by donnerboy at 2025-08-12 11:55 AM | Reply

@#5 ... So they're not passing on the costs to consumers? ...

See:

drudge.com

#7 | Posted by LampLighter at 2025-08-12 12:03 PM | Reply

Buy American, no tariffs.

#8 | Posted by fishpaw at 2025-08-12 12:10 PM | Reply | Funny: 1

Buy American, no tariffs.

#8 | POSTED BY FISHPAW

So do without or pay double and shut up about it? Great economic plan.

The tariffs haven't really trickled down thru the system yet and prices are already going up.

Thx America for the wonderful FAFO and for the upcoming "trickle down".

#9 | Posted by donnerboy at 2025-08-12 12:22 PM | Reply | Newsworthy 1

Buy American, no tariffs.
#8 | Posted by fishpaw

^
Sell your computer and your phone and your TV.

#10 | Posted by snoofy at 2025-08-12 12:35 PM | Reply | Newsworthy 1

@#8 ... Buy American ...

Even Pres Trump has admitted that it is not possible to fully "buy American."

So, what other bon mots does your current alias got?

#11 | Posted by LampLighter at 2025-08-12 12:35 PM | Reply

Buy American, no tariffs.
#8 | POSTED BY FISHPEDO

Buy a brain, you pedo loving moron.

#12 | Posted by ClownShack at 2025-08-12 12:36 PM | Reply

Buy American, no tariffs.

#8 | Posted by fishpaw

Right. Because the US economy exists in a vacuum where it produces all of its own raw materials, components ect...

You. Are. A. ----. Idiot.

#13 | Posted by jpw at 2025-08-12 01:20 PM | Reply

Buy American, no tariffs.
#8 | Posted by fishpaw
^
Sell your computer and your phone and your TV.

#10 | Posted by snoofy at 2025-08-12 12:35 PM | Reply | Flag:

www.apple.com

No tariffs and 500 billion invested in the US.

But I'm sure you will tell us this is a bad thing as well.

#14 | Posted by fishpaw at 2025-08-12 03:05 PM | Reply

No tariffs and 500 billion invested in the US.
But I'm sure you will tell us this is a bad thing as well.
#14 | Posted by fishpaw

I'll tell you you said that about FoxConn too.

If you think micromanaging trillion dollar companies is the President's job, you're hopelessly lost.

#15 | Posted by snoofy at 2025-08-12 04:50 PM | Reply | Newsworthy 2

@#14 ... No tariffs and 500 billion invested in the US. ...

iPhones will still not be made in the US.

And, one other thing, will that $500 billion be like, what Pres Trump called the Eighth Wonder of the World, i.e., FoxConn's lauded investment in the US that all but fizzled out?

#16 | Posted by LampLighter at 2025-08-12 05:47 PM | Reply