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Chamber of Commerce Urges Tariff Relief for Small Businesses

5/2/2025

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Summary

Story summary

The U.S. Chamber of Commerce is sounding the alarm, urging the Trump administration to exempt small businesses from tariffs. CEO Suzanne Clark warns that the current trade policies could plunge the economy into recession, threatening the very survival of these businesses. Immediate relief is crucial, yet the administration's response hangs in the balance.

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Story summary

The U.S. Chamber of Commerce is sounding the alarm, urging the Trump administration to exempt small businesses from tariffs. CEO Suzanne Clark warns that the current trade policies could plunge the economy into recession, threatening the very survival of these businesses. Immediate relief is crucial, yet the administration's response hangs in the balance.