Small Businesses Shouldn’t Be Impacted by Tariff Battle, White House Spokesman Says

In a recent discussion on the state of small business, White House National Economic Council Director Larry Kudlow insisted the impact of the current trade war between the U.S. and China on small businesses would be minor. Kudlow went as far as to say the economic growth would remain strong. Kudlow and Bluemercury Co-founder and CEO Marla Beck discussed the factors that matter most to small businesses at The Washington Post’s The State of Small Business recently. Small Business Trends attended the event to find out more about the current state of the big things on the radar for small businesses like wages, taxes and hiring. Kudlow is the Assistant to the President for Economic Policy and Director of the National Economic Council. He began by making it clear he didn’t see the current tariff battles between China and the United States as particularly worrisome for small businesses calling any possible effect on the economy “very modest.”