Former SBA Administrator Kelly Loeffler has challenged the media's narrative surrounding former President Trump's tariffs, asserting that many small businesses support them. In an interview with Fox News Digital, Loeffler stated that these businesses are "fully behind" the tariffs, a claim that contrasts sharply with the widely reported negative impact of tariffs on small businesses.
Loeffler argued that the tariffs, while potentially causing short-term adjustments, ultimately benefit American businesses by leveling the playing field and encouraging domestic production. She emphasized the importance of considering the long-term strategic advantages of the tariffs, such as strengthening national security and reducing reliance on foreign suppliers.
Critics of the tariffs have consistently pointed to the increased costs for consumers and businesses, arguing that the tariffs disrupt supply chains and harm American competitiveness. However, Loeffler's comments highlight a different perspective, suggesting that at least some small businesses believe the tariffs are a necessary tool for promoting American economic interests. The debate over the economic effects of tariffs continues, with various stakeholders offering differing viewpoints.
Loeffler: Small Businesses Support Trump Tariffs, Contrary to Media Narrative
Small Business Administration (SBA) Administrator Kelly Loeffler claims that many small businesses actually support former President Trump's tariffs. Speaking to Fox News Digital, Loeffler stated that these businesses are "fully behind" the policies. This contradicts the common media portrayal of tariffs as harmful to small businesses. The SBA's perspective offers a different view on the economic impact of these trade measures.