Small Businesses Fight Back Against Trump's Tariffs

The U. S. Supreme Court is set to hear a big case about tariffs. It's not just any case, though. It's about small businesses fighting back against tariffs imposed by former President Donald Trump. The man leading this charge is Rick Woldenberg, CEO of Learning Resources, a family-run educational toy company. Woldenberg is not alone. He's joined by other small businesses and states who think Trump's tariffs are unfair. The tariffs were put in place using a law meant for national emergencies. But the U. S. has had trade deficits every year since 1975. Is a trade deficit really an emergency? Big companies have stayed out of this fight. They have more money and resources. They can stock up on inventory and lobby the government for exemptions. Small businesses don't have that luxury. They're feeling the pinch. Woldenberg has spent millions on legal fees. He's had to cancel expansion plans and cut back on hiring. Other small businesses are in the same boat. David Levi, founder of MicroKits, has had to reduce his employee's hours and cut back on production. Victor Schwartz, founder of V. O. S. Selections, has lost about $200, 000 due to the tariffs. These businesses can't plan ahead because tariff rates keep changing. The Supreme Court will decide if Trump's tariffs are legal. But one thing is clear: small businesses are the ones really feeling the heat.