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Great Lakes Wire

Tuesday, April 15, 2025

Small Business Briefing examines new tariffs, inflation, and health insurance costs

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Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website

Brian Calley President and Chief Executive Officer at Small Business Association of Michigan | Official website

The Small Business Briefing, hosted by Brian Calley and Sarah Miller, recently addressed several important topics impacting small businesses. The session touched on new tariffs, inflation trends, consumer sentiment, interest rates, and other key issues.

Among the discussion points, the introduction of new tariffs was examined, focusing on their implications for trade and the larger economy. The briefing also brought attention to positive inflation news, as rates have been lower than expected. However, consumer sentiment has dropped to levels reminiscent of the pandemic.

A strong jobs report was noted for its potential influence on interest rate decisions. Meanwhile, the briefing highlighted the challenges faced by health insurance providers, who are grappling with losses and rising costs. The performance and difficulties of Michigan's manufacturing jobs were also discussed.

The session concluded with updates on the 2026 gubernatorial and Senate races.

For more information, additional resources are available.

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