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  • Elmer Reyes
  • August 20, 2025
  • Small Business

Trump tariffs on China mean ‘irreversible’ damage for many businesses

Container vessels and shipping containers at Yangshan Deep-Water Port on Oct. 18, 2024, in Shanghai, China. Vcg | Visual China Group | Getty Images Apple’s iPhone and other technology hardware, from chips to PCs, received a China tariff reprieve from President Trump on Saturday, but for much of the U.S. [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

Canadian small businesses are taking Trump’s tariffs personally

Close-up of ‘Shop Canadian’ poster displayed in a local storefront in Edmonton, Alberta, Canada, on April 4, 2025. Artur Widak | Nurphoto | Getty Images Just across the U.S.-Canada border, some small businesses are taking tariffs personally. President Donald Trump has said his wide-sweeping tariffs, even on some of the [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

Small businesses expect recession with Trump tariffs: CNBC poll

Across consumers, corporate boardrooms and Wall Street, the feeling of economic optimism that came with the start of the second Trump administration quickly dwindled amid growing uncertainty around the impact of tariffs and a potential recession. Main Street has seen a similar shift, according to the new quarterly CNBC|SurveyMonkey Small [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

Women small business owners more worried about Trump tariffs, economy

Economic uncertainty affects everyone, but new data shows women small business owners are feeling the strain more acutely. This growing unease isn’t just a reaction to headlines; it reflects real concerns about inflation, market volatility, and long-term business viability. And it’s shaping how women view the economy and their financial [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

China tariff stacking pushes true cost of import taxes well above 30%

China News Service | China News Service | Getty Images The Trump administration’s trade truce with China that paused the steepest tariffs on Chinese goods isn’t offering much of a reprieve to many importers. Stacking of multiple tariff layers already implemented during the trade war has pushed up costs to [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

House GOP backs 23% ‘pass-through’ tax break for businesses

Nitat Termmee | Moment | Getty Images How to tell if you have qualified business income The QBI deduction applies to so-called pass-through businesses, which report profits or losses on individual tax returns. This includes partnerships and S-corporations, along with some trusts and estates. Sole proprietors, such as freelance, contract [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

A 25-year-old is using a Japanese concept to grow a matcha business

Angel Zheng at Isshiki Matcha in New York, NY on May 21, 2025. Lisa Kailai Han | CNBC Angel Zheng is relying on the Japanese principle of “ikigai” to turn her passion for matcha — a powdered green tea with a unique taste and purported health benefits — into building [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

A 25-year-old is using a Japanese concept to grow a matcha business

Angel Zheng at Isshiki Matcha in New York, NY on May 21, 2025. Lisa Kailai Han | CNBC Angel Zheng is relying on the Japanese principle of “ikigai” to turn her passion for matcha — a powdered green tea with a unique taste and purported health benefits — into building [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

Trump’s tax bill could end ‘SALT’ workaround for some businesses

Speaker of the House Mike Johnson, R-La., speaks to the media after the House narrowly passed a bill forwarding President Donald Trump’s agenda at the Capitol on May 22, 2025. Kevin Dietsch | Getty Images As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners [...]

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  • Elmer Reyes
  • August 20, 2025
  • Small Business

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants

Logo with QR code for Fantuan Asian food delivery service in the Silicon Valley, Mountain View, California, January 3, 2021. Smith Collection/gado | Archive Photos | Getty Images NEW YORK – When Kelly Wu feels sick and wants a delivery of congee, the Chinese porridge she grew up eating, she [...]

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