The Effect Of Tariffs On Small Businesses

President Donald Trump promised tariffs on the campaign trail. Those tariffs are here – but how much of them, where, and on who, has changed a few times.Here’s where things stand right now: President Trump rolled tariff rates back to a baseline ten percent for most countries, but raised the tariffs on China to 145 percent. Global trading markets plunged due to a series of rapid shifts in trade policy. How are these policies affecting small businesses? We convene a panel of experts to talk about it.Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.