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Tariffs, Trump and trade: the SME squeeze

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Running Time: 8:34

Date: 01/10/2025

Trump's sweeping tariffs on imports to the US have created significant uncertainty for Australian businesses this year - and many SMEs, already operating on tight margins, face real profitability threats as a result.

Gus Gilkeson, CEO and Founder at Grow Capital, warns that volatility created by these US tariffs may also drive inflation and force businesses to consider costly restructuring.

But he has some advice for SMEs navigating these uncertain times ... and he says long-term planning is one essential tool to navigate the shifting global trade landscape.

  

Topics: Business Growth, Economy


Gus Gilkeson, Grow Capital