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Trump tariffs: Small businesses take on high-interest rate loans to cover new costs [CNBC]
Last walmart inc. earnings: 2/18 06:00 am
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US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Key Points New tariffs imposed this year by President Donald Trump have increased operating costs for small businesses that have to pay the import duties. Some of those companies are taking on loans with high interest rates to cover that cost. “I honestly feel the government is putting me out of business,” said an owner of a New York toy company. “The tariffs are anti-American Dream.” A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump's bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025. Nathan Howard | Reuters Some small businesses that have to pay the bill for President Trump 's new tariffs are taking on high-interest-rate merchant cash loans and other forms of debt to cover that added cost. And several business owners who have taken on that costly debt told CNBC fear
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