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Tariffs Still Crushing NYC Small Businesses | New York City News
Six months after the Supreme Court struck down Trump-era tariffs, New York small businesses are still stuck without refunds — despite billions claimed nationwide. Importers face a labyrinthine refund process, while retailers and restaurants absorb the costs, passing them on to customers. Many importers simply give up, too exhausted to chase money they may never see. For local shops and eateries, uncertainty reigns: prices can’t drop for fear of new tariffs, and some are even pricing in future hikes. Food and beverage industries are hit hardest, with wine, spirits, and produce soaring in cost…
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