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Axios

Business

Small-business owners are losing confidence

United States Donald Trump Axios Chamber the Chamber of Commerce Inflation John Stanford Gusto MetLife

Data: The MetLife and U.S. Chamber of Commerce Small Business Index; Chart: Axios Visuals

Small-business owners were excited for Trump 2.0. Now, tariffs and inflation are causing headaches and eroding optimism.

Why it matters: Main Street's pain is a negative for the entire economy.

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One subscription that gives you access to news from hundreds of sites

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