Half of small business owners expect revenue declines due to current or future tariffs, according to Alignable's May Tariff Report.
May's tariff concerns are up from 44% in April and 30% in January.
Alignableâs report is based on 2,392 survey responses collected between April 9 and April 24.
Meanwhile, 26% of owners report that theyâve already taken a financial loss, citing income losses directly tied to the tariffs.
The report also found 20% of entrepreneurs fear they wonât make it through the year if tariff conditions persist.
On the flip side, 20% of small business owners expect tariffs to boost their revenue, up slightly from 18% in Aprilâs report.
Read the full report here.
