Small businesses brace for impact from potential tariffs

As the Trump administration prepares to impose tariffs on steel and aluminum imports, small businesses across the country are bracing for potential price hikes for supplies that could impact their profits, and potentially prices for consumers. NBC News’ Antonia Hylton has a closer look at how one business is preparing.

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#trump #tariffs #smallbusiness

[PSCA]

Im setting my clock 4 years ahead tonight. When I wake up, this will all be over.

[EthelbertCoyote]

Tarriffs are a pain for giant corporations, but they are a war on some small businesses.

[fionarobertson]

I already had to close my business, tarriffs, sales tax, increasing postal costs - I dont want to increase my prices. Everything is already too expensive for people.

[RatherBeJetSkiing]

Electing Rump is like using a sledgehammer to fix a Rolex.

[quonslecn]

A 12-pack of cans of Coke/Pepsi have literally double pre-Covid to now.

[badpuppy]

Make MAGA pay the tariffs. I didn't vote for this.

[TheLiquidEdge]

Not one single justifiable/verifiable reason for hurting small business and working people.

[andrewgeorgelang]

In a private statement, they will absorb 50% of the cost. The other 50% will be passed on to the customer

[KarlDahlquist]

with all the breweries shutting down due to over saturation, you would think there would be a surplus of cans

[reecom]

Canada has abundance of hydroelectric power used to make aluminum in electric smelters, that’s why so much aluminum is imported from Canada.

[sheep]

Aluminum prices jumped during Covid, and have gone back down since. But the companies whose products are made from aluminum never brought their prices back down.

[Tony-rhlp]

where did all the cans that were recycled go?

[promeuscharles]

Don't worry the secret Russian aluminum deal will help

[echo_eco_ethos]

@0:37 why not bottle in glass instead ?

[XiaoNanLiu]

Trump will delay all of his tariffs at the last minute.

[sarafinasegale]

Oh GOD, could this be prohibition? No Tariffs for alcohol and beer, Tariffs on guacamole,

[paulhicks]

Us companies don't just have tariffs to worry about. The US is turning off foriegn consumers from buying US products and services.

[rageonburnall]

I'm an American an I'll not be buying any American alcohol either and in fact I will be buying foreign as much as possible.

[emilianojaramillo]

How many of these small business voted for Trump and are about to suffer these consequences

[mbmart]

Maybe this guy pay some taxes but Cola Cola pays 0 taxes just like any other big corporation in the US.