Trump tariffs rattle small business owners already dealing with tight margins

President Donald Trump’s continued roll out of a wide array of tariffs is rattling small business owners already dealing with tight profit margins. Trump on Monday announced a 25% tariff on steel and aluminum and promised more import duties to come. Last week, the administration imposed a,10% tariff on Chinese goods coming into the U.S. In addition to the steel and China tariffs, other tariffs on Mexican and Canadian goods have been temporarily put on hold, but they could be implemented later. So small business owners still need a strategy for mitigating the costs of those tariffs if they do go into effect.