Is Trump killing the American dream for mom-and-pops?
He’s survived an assassination, bounced back from bankruptcy and – so far, at least – avoided all attempts to jail him. But Donald Trump’s most audacious feat is yet before him: to persuade Americans to pay more for their goods as their beloved businesses struggle – and then be grateful to him at the polls. While tariffs threaten to raise prices across the board for consumers, small businesses with lower margins than their larger competitors are struggling. “Whether or not you support tariffs, or whether or not you think certain offices should be cut, I think overall, any kind of economic turbulence is uniquely burdensome for small businesses,” says Molly Day, the National Small Business Association’s vice president of public affairs.