April 16, 2025 - 10:08
In a recent discussion, Sari Wiaz, the founder of Baby Paper, a small toy manufacturing business, voiced her apprehensions regarding the potential repercussions of new tariffs introduced by the government. Wiaz emphasized that these tariffs could lead to increased costs for small businesses, ultimately affecting their ability to compete in the market.
As a small business owner, Wiaz highlighted the challenges of navigating a landscape where larger corporations may absorb such costs more easily. She pointed out that small businesses often operate on tighter margins, and any increase in expenses could force them to raise prices, which might deter customers.
Wiaz also discussed the broader implications of these tariffs, including potential job losses and reduced innovation within the small business sector. She called for a reevaluation of these policies, urging policymakers to consider the unique struggles faced by small enterprises. The conversation underscores the critical need for dialogue between small business owners and government officials to foster a supportive economic environment.
