Tariffs, Price Hikes & “What Now?”—What Business Owners Need to Know (Without a Panic Attack)
You didn’t start a business to track global trade policies.
But guess what? Global trade policies are tracking you.
💥 What’s Happening?
The U.S. has announced increased tariffs on certain Chinese goods, including steel, aluminum, semiconductors, solar panels, EV batteries, and more. Sound niche? It’s not.
📊 Here’s the reality:
Tariffs on electric vehicles are rising from 25% to 100%
Solar cells: 25% to 50%
Steel & aluminum: 0–7.5% to 25%
And these costs don’t stay on cargo ships. They hit your supply chain, your vendors, your invoices—and yes, your bottom line.
🔁 So, What Does That Mean for You?
Even if you’re not importing anything directly, these tariff hikes are like throwing a wrench in a giant machine—and you’re somewhere down the line catching the fallout.
💸 Increased material costs – Your suppliers are paying more, and they’re not eating it.
🛑 Delayed timelines – Supply chain slowdowns = missed deadlines.
📉 Tighter margins – You may not feel it right away, but your profit is quietly shrinking.
😖 And Here's the Kicker...
Most small business owners won’t notice the damage until it shows up in their cash flow—or worse, their tax return.
Let’s not do that.
✅ What You Can Do (That Doesn’t Involve an Economics Degree)
Audit your cost structure. Know what’s actually costing you more.
Re-evaluate vendors and contracts. Can you renegotiate? Source locally?
Adjust pricing—smartly. Don’t eat the cost out of loyalty. Communicate with your customers.
Budget for volatility. Because this isn’t the last surprise the global economy has in store.
👋 Need Help Seeing the Big Picture?
This is where I come in.
As your accounting sidekick, I track the financial ripple effects—so you don’t have to. Whether you need help understanding what these changes mean, or want help adjusting your budget, I’ve got you.
📬 [Let’s talk] – No pressure, just clarity.