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How Trump's tariffs are crushing small businesses while big retailers weather the costs

1. U.S. small businesses struggle under President Trump's tariffs affecting revenue. 2. Large retailers can withstand tariffs better than small companies. 3. 36 million small businesses comprise 43% of U.S. GDP. 4. Small businesses report increased supply chain complexities due to tariffs. 5. Economic climate exacerbates challenges for small business owners.

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FAQ

Why Bearish?

Small business struggles indicate wider economic concerns, potentially dragging S&P 500 down, like previous downturns during trade wars.

How important is it?

Small businesses are vital to the economy; their struggles can impact larger firms significantly, affecting investor sentiment.

Why Short Term?

Immediate effects on consumer prices and spending may pressure S&P 500 companies reliant on small business ecosystems.

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