The Opinions Tariffs Could Ruin My Small Business
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Apr 28, 2025 Yair Reiner, entrepreneur and inventor of the Frywall, shares his insights on the challenges faced by small businesses in today's turbulent economy. He discusses the detrimental impact of tariffs imposed during the U.S.-China trade war, emphasizing how rising production costs threaten innovation and sustainability. Reiner illustrates the difficulties of managing overseas partnerships and highlights the risks these economic shifts pose to family-run businesses. His passionate defense of entrepreneurship paints a vivid picture of the struggles innovators face.
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Tariff Uncertainty Stiffles Planning
- Tariff rate volatility causes planning paralysis in small businesses.
- Uncertainty disrupts even simple product companies' ability to forecast and respond effectively.
Invention Rooted in Kitchen Frustration
- Yair Reiner invented the Frywall after struggling with duck breast splatter in his kitchen.
- He wrapped his pan in foil to catch splatter, inspiring his product idea.
Why Asia Beats US Manufacturing
- Asian manufacturers offer more than low labor costs for Yair's product.
- They provide a complete supply chain with expertise and equipment unavailable in the U.S.