Small Businesses in Trump’s Crosshairs
Newport, Oregon. Photo: Jeffrey St. Clair.
In the world of business, economic certainty is a key, not the only one, to profitability. In contrast, economic certainty aids profitability. Thus, President Trump’s on-and-off-again tariffs, or taxes, on imports of foreign goods from the rest of the world’s nations can harm the profitability of businesses of all sizes.
However, size matters. To wit, the bigger the amount of capital a business holds, e.g., large corporations, the less risk there is from economic uncertainty.