Business

How New Tariff Policies Affect Small Business Costs and Supply Chains in the United States

by
New Tariff Policies

It has been a challenging year for small business owners. Many are struggling just to stay open. The reason is the new tariffs that went into effect in 2025. These new import taxes have increased prices on almost everything small businesses import into the country. Coffee beans, t-shirts, computer parts, bakery tools, furniture fabric – … Read more

Impact of Immigrant-Owned Businesses on Local Economies in 2025

by
Multiple hands from diverse individuals joining together on a globe, symbolizing global unity and collaboration

Immigrants have consistently played a crucial role in the U.S. economy, contributing to business formation, job creation, and innovation. Their entrepreneurial spirit has powered both small businesses and billion-dollar corporations, fueling economic growth across multiple industries. In 2013 alone, immigrants contributed $1.6 trillion to the U.S. gross domestic product (GDP), and their impact has only … Read more