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Story perspectives

Small Businesses Struggle with Rising Costs and Tariffs

12/18/2025

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Story summary
  • U.S. small-business owners face rising costs from tariffs, health care subsidies, and energy.
  • Shirley Modlin, owner of 3D Design and Manufacturing in Virginia, says tariff uncertainty affects her ability to provide raises.
  • From April to September 2025, tariffs averaged $36,000 per month.
  • The expiration of Affordable Care Act subsidies compounds their financial challenges.
  • Senator Kirsten Gillibrand advocates ending these tariffs to curb higher prices this holiday season.