
Small businesses may face the biggest challenges from tariffs
Lindner economics expert weighs in on trade troubles for Spectrum News 1
Small businesses that acquire inventory from overseas are feeling the waves from trade uncertainty.
Gary Painter, PhD, academic director of real estate at Lindner, spoke with Spectrum News 1 on the impact large economic shifts can have on small businesses. He said tariffs can leave small business owners feeling lost on how to navigate and manage their inventory.
“They’re in a situation where this tariff regime — which again has these two components of higher costs and/or unknown tariff rates — they’re kind of stuck not knowing what is the best path forward,” Painter said.
Watch the Spectrum News 1 report.
Featured image at top of tariff tape over shipping containers. Photo/iStock/D-Keine
Related Stories
Cincinnati Edition: What does work look like after COVID?
November 4, 2022
After the COVID-19 pandemic upended traditional work structures, employers now are contemplating how they’ll manage their employees whether they’re working in-person or remote.
Op-Ed: Adopt a ‘both/and’ approach to create policies that sustain over time
July 14, 2022
Lindner College of Business Dean and Professor of Management Marianne Lewis, PhD, writes for MarketWatch: “We find ourselves, yet again, in a polarized political fight with the battlegrounds in Congress, in the boardrooms, on the streets, on social media and, for some of us, at our kitchen tables.”
NPR: What would happen if student loans were forgiven?
March 27, 2023
NPR's Marketplace wanted to know what would happen if some or all student loans were forgiven and turned to experts, including University of Cincinnati economist Michael Jones.