Economics

Summary

Small businesses are facing uncertainty under Trump’s second term, struggling with funding freezes, rising costs, and cautious consumers.

Some, like a Washington consultancy, have lost federal contracts, forcing layoffs. Others, like a day care owner in Wisconsin, worry about losing critical subsidies.

Entrepreneurs are scaling back investments amid high interest rates and potential tariff hikes. While large corporations court Trump’s favor, small businesses feel sidelined.

Analysts warn abrupt policy changes could hurt economic stability, with business owners unsure how to navigate the evolving landscape.