Broker seeks clarification on tariffs amid rising uncertainty

May 30, 2025 | Small Business and Entrepreneurship: Senate Committee, Standing Committees - House & Senate, Congressional Hearings Compilation


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Broker seeks clarification on tariffs amid rising uncertainty
Uncertainty in the outdoor recreation economy took center stage during the U.S. Senate Committee on Small Business & Entrepreneurship meeting on May 30, 2025. Committee members and industry experts discussed the challenges facing small businesses in the outdoor sector, highlighting the pressing need for clarity in regulations and economic conditions.

One key point raised was the overwhelming uncertainty that small business owners face, particularly regarding taxes and tariffs. A participant shared their experience of spending significant time trying to understand the implications of changing regulations, stating, "I probably spend 30% of my time just trying to understand what could happen next." This sentiment resonated with many in attendance, emphasizing the struggle to navigate a complex economic landscape.

The discussion underscored the importance of providing support and resources to help small businesses adapt to these uncertainties. As outdoor recreation continues to grow in popularity, the committee recognized that clear guidance and assistance are crucial for sustaining this vital sector of the economy.

In conclusion, the meeting highlighted the urgent need for proactive measures to address the challenges posed by economic uncertainty. As the outdoor recreation industry faces evolving conditions, stakeholders are calling for collaborative efforts to ensure its resilience and continued growth.

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