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New Tariffs Hit Small Businesses, Strain Budgets Nationwide

6/7/2025

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Summary

Story summary

New tariffs on steel and aluminum imports are squeezing small businesses and nonprofits across the U.S., straining their budgets and operations. In Richmond, Build RVA grapples with soaring material and maintenance costs, while Canadian companies like Sun-Brite Foods and Bakker Aluminum face similar challenges, battling rising expenses and dwindling consumer confidence.

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Story summary

New tariffs on steel and aluminum imports are squeezing small businesses and nonprofits across the U.S., straining their budgets and operations. In Richmond, Build RVA grapples with soaring material and maintenance costs, while Canadian companies like Sun-Brite Foods and Bakker Aluminum face similar challenges, battling rising expenses and dwindling consumer confidence.