SCOTUS Tariff Ruling is a Good Start for Main Street, but Small Businesses Still Face Mounting Economic Pressures
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Janel Knight Trulear
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(617) 875-6581
SCOTUS Tariff Ruling is a Good Start for Main Street, but Small Businesses Still Face Mounting Economic Pressures
Statement by Small Business for America’s Future council member Katrina Golden, owner of Lil Mama’s Sweets and Treats on the Supreme Court ruling to Strike Down President Trump’s Tariffs that have been Devastating Small Businesses
Washington D.C., Feb. 20, 2026 – “Today's Supreme Court ruling affirms that this tariff policy was illegal. The way these tariffs were implemented created chaos for small businesses, upending supply chains, driving up costs and leaving owners with no ability to plan for the future. For small business owners who have spent months struggling under the weight of these tariffs, this decision is a critical first step. But it doesn't undo the damage already done.
"The tariffs have been devastating to Main Street. In our survey of over 500 small business owners, 80% of those affected by tariffs viewed them as existential or major threats to their operations. Seventy-one percent expected tariffs to negatively impact consumer spending this holiday season. Among businesses affected, 25% were forced to raise prices and lose customers to big-box retailers, while 35% absorbed costs that shrunk their profit margins. Unlike large corporations with cash reserves to weather these storms, small businesses were forced into impossible choices — raise prices and watch customers flee, or absorb costs and watch margins evaporate.
"Small businesses need relief now. They need the money taken from them returned and a clear path forward to rebuild and recover.
"We are eager to work with Congress and the administration to ensure small businesses get the support they need to recover from the damage caused by this failed policy. Main Street has shouldered enough. It is time to turn this ruling into real relief for the small businesses that power our communities and our economy."
To request an interview with Small Business for America’s Future council member Katrina Golden contact Janel Knight Trulear at janel@emccommunications.com or 617-875-6581.
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About Small Business for America’s Future
Small Business for America’s Future is a national coalition of small business owners and leaders working to provide small businesses a voice at every level of government. We’re committed to ensuring policymakers prioritize the nation’s 30 million small businesses to create an economy that works for them, their workers and their communities. Visitwww.smallbusinessforamericasfuture.org. Follow us onTwitter andFacebook. #SmallBizAF.
