American businesses are worried about the inflationary effects of tariffs and are taking action to protect future sales.

While the impact of the proposed import duties will hit small businesses hard, many are awaiting their final form before calculating their own costs.

During her 2024 presidential campaign, Vice President Kamala Harris repeatedly warned that the tariffs Donald Trump was proposing would result in significantly higher prices for consumers and amount to a harsh new "sales tax on the American people.