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Tariffs Threaten Small Businesses This Holiday Season

11/29/2025

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Story summary
  • Tariffs imposed by U.S. President Donald Trump raise prices on holiday goods and drive small businesses to close.
  • On Small Business Saturday, Joann Cartiglia of Queen’s Treasures says tariff impacts have undermined retirement plans.
  • A survey finds 71% of small business owners expect tariffs to hurt consumer spending this holiday season.
  • Jared Hendricks of Village Lighting Co says costs near $1 million, and debts outweigh profits.