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Kiplinger
Kiplinger
Business
Mark Valentino

To Raise Prices or Not to Raise Prices: Tariff Tips for Small Businesses

A selection of terrariums lined up on a shelf in a shop.

Tariffs have put businesses and the customers they serve in a bind.

In May 2025, 61% of midsize businesses and 59% of small businesses said tariffs would negatively affect them — up from 51% and 54% two months earlier, according to a survey by Bredin.

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