‘I Know About Tariffs’: Small Biz Struggles With High Costs, Trump Chaos

Despite a landmark Supreme Court decision overturning President Donald Trump's emergency tariffs, few New York City small businesses have benefited from tariff refunds while they struggle under new import levies. The Manhattan Chamber of Commerce reported that tariffs are among top factors squeezing bottom lines, with small businesses absorbing an estimated $4.5 billion annually in tariff costs. Furthermore, many business owners find the refund filing process daunting and are fearful of government retribution.