Business owners look to navigate uncertain economic times
Business owners look to navigate uncertain economic times

Business owners look to navigate uncertain economic times

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Business owners look to navigate uncertain economic times

President Trump’s tariff deadline is less than two weeks away. Small businesses across the country are taking the brunt of the uncertainty. A loss in workforce due to the president’s immigration crackdown is leaving businesses hurting for help. The International Migrant Workers Union wants to be a liaison between businesses and the Trump administration, to make sure criminals go but hard-working migrants stay on the job. The president said he plans to send out a tariff letter to 150 small countries with the new import taxes set to go into effect on August 1.

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WASHINGTON (Gray DC) – Fewer people are vacationing and store prices are rising, according to the U.S. Department of Labor. Economists believe it’s a sign that inflation is sure to rise. Experts say President Donald Trump’s tariff’s will be passed on from the country, to the store, and eventually to you – the consumer. Now, businesses are looking for solid footing amid the changing economic landscape.

President Trump’s tariff deadline is less than two weeks away, and small businesses across the country are taking the brunt of the uncertainty.

Wednesday, the president said he plans to send out a tariff letter to 150 small countries with the new import taxes set to go into effect August 1.

“For my company, we have taken a serious financial hit during this hard time. I really wanted to understand more on how the Trump administration was open for business,” said Karla Trotman.

She is the President and CEO of Pennsylvania-based Electro Soft, Incorporated, which creates custom electronics manufacturing solutions.

Trotman is looking for ways to maximize President Trump’s economic plan, while avoiding the pitfalls. She attended the “Black Americans for a Better Future” economic summit in Washington earlier this month, looking for answers.

“I think that sometimes we think that I’m a Democrat or I’m Republican, but in the work that I do which is in defense, defense is nonpartisan,” she said. “You need to understand based on who is in office, the legislation, the way that it will impact your business and how you can still continue to thrive.”

The uncertainty of tariffs isn’t the only thing business leaders are dealing with. A loss in workforce due to the president’s immigration crackdown is leaving businesses hurting for help.

More than 55,000 migrants have been deported according to Immigration and Customs Enforcement.

Jesus Sanchez–Canete, President of the International Migrant Workers Union, said his organization wants to be a liaison between businesses and the Trump administration, to make sure criminals go but hard-working migrants stay on the job.

“We are going to propose what to do with the millions of immigrants who are just undocumented, no criminal record, many have been here 20 years, 10 years, 15 years, with children who were born in the country,” Sanchez-Canete said.

He said migrant workers could ease the strain on businesses and help families by keeping costs at the store low.

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Source: Localnewslive.com | View original article

Source: https://www.localnewslive.com/2025/07/19/business-owners-look-navigate-uncertain-economic-times/

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