Some small businesses are swearing off tariff price hikes. It’s costing them.

When Jeremiah Chamberlain and his wife, Harriet, started their 3D-printing business in March last year, tariffs weren’t high on their list of challenges to prepare for. “We didn’t expect to have this type of panic arise,” said Chamberlain, the owner-operator of Corvidae Creations in Hammond, Louisiana. But in the months since President Donald Trump took…

Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback

People shop at a Target store on April 02, 2025 in the Flatbush neighborhood of the Brooklyn borough in New York City.  Michael M. Santiago | Getty Images Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs and backlash to the company’s rollback of key diversity,…