02/10/2025

Tangling with Tariffs in 2025

CEOs share their strategies

As the new administration moves forward with the promised tariffs in 2025, small and midsize businesses are concerned about their impacts. Last month, analysis of data from the WSJ/Vistage Small Business CEO Confidence Index revealed that 37 percent of small businesses reported expectations for negative impacts from potential tariffs in 2025.

Preliminary results of the February WSJ/Vistage Small Business survey show that over 53 percent now expect negative business impacts from tariff and trade policies. As specific tariffs have been detailed and some implemented, CEOs are seeking guidance on how to proceed.

When tariffs made headlines several years ago, Vistage members from three different sectors — manufacturing, construction and wholesale trade — shared how they addressed the challenges tariffs created for their businesses. Whether negotiating prices or forecasting inventory, these insights serve as a great reminder for CEOs addressing a potentially complicated trade environment resulting from new tariffs in 2025.

Please select this link to read the complete article from Vistage.