BUSINESS IMPACT TARIFFS

Jun 01 2025BUSINESS

Vermont's Cycling Gear Giant Faces Tariff Turmoil

A small Vermont company, Terry Precision Cycling, is facing a tough challenge. The company's latest innovation, a high-quality bike short, is caught in the middle of a trade war. The short is made from luxurious Italian fabric and designed for ultimate comfort. However, the company imports materials from various countries, including China, which is now under heavy...

reading time about 1 minute
May 26 2025BUSINESS

The Uncertain Road for Small Businesses in the Trade War

The trade war has been a rollercoaster for small businesses. The recent news of reduced tariffs between the US and China might seem like a win, but it's not all sunshine and rainbows for small business owners. For many, the struggle is far from over. The tariffs have been a massive headache for small businesses. They've had to deal with sudden cost increases, disrup...

reading time about 2 minutes
Feb 01 2025BUSINESS

The Cost of Tariffs: How Businesses are Preparing for the Next Wave

Businesses across the board are gearing up for potential tariffs. The tariffs are expected to impact a wide range of products, from oil to cars to everyday consumer goods. These tariffs, which include a 25% increase on imports from Mexico and Canada, and a 10% increase on goods from China, are expected to affect the entire US economy. Businesses have been preparing...

reading time about 3 minutes