The Pain is Growing for American Small Businesses on Chinese Tariffs

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To grow and succeed, a significant number of small and midsize businesses across America rely on trade with China.

Karen Kerrigan, President and CEO, SBE Council, goes on to say, "the Trump administration’s latest decision to impose 10 percent tariffs on $300 billion worth of Chinese goods along with China’s retaliatory tariffs only serve to pile new costs on small businesses and consumers, and squeeze what market access small businesses currently have."

Find out why the United States needs to adopt more effective alternatives to the use of tariffs.

How to Better Compete in the World Economy

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According to the Small Business and Entrepreneurship (SBE) Council, the United States need to provide tax relief for U.S. business to better compete in the world economy.

The United States’ 40 percent tax rate (federal plus state average) ranks 170th among 171 nations with only the United Arab Emirates imposing a higher rate (55 percent), explained Raymond Keating, SBE’s chief economist.

SBE Council claims the U.S. has the second highest corporate tax rate in the world.

Read more ...

The Ins and Outs to the Trans-Pacific Partnership Agreement

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As promised, here's the two-part interview I conducted with Karen Kerrigan, president and CEO of Small Business & Entrepreneurship (SBE) Council.

• The Top 5 Benefits to the Trans-Pacific Partnership Agreement (Part I of II)
• Trans-Pacific Partnership (TPP):  Trade Booster for the World (Part II of II)

Favorite Tweet of the Week by SBE Council President and CEO Karen Kerrigan

Here's why #SmallBiz needs to think & go global. Follow these folks: @TradeGov @ExportGov @ExImBankUS @LaurelDelaney http://t.co/rZ80kUExEa
— Karen Kerrigan (@KarenKerrigan) June 9, 2014

Tune In: It's National Small Business Week 5/12-5/16

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With the United States having more than 28 million small businesses, it's easy to understand how and why we honor these hard-working individuals who create jobs, spur economic growth and develop innovative measures to improve our world.  That said, there will be lots of excitement, conversations and celebrations around this important week - from SBA to the White House to well ... all the companies who salute the crucial role that small businesses play in our lives.  The national celebrations will be held in four major venues: San Francisco, May 12; Kansas City, May 13; Boston, May 15; and Washington, D.C., May 15-16.

Check out some of the activities and conversations below.

•  The White House Blog
http://www.whitehouse.gov/blog/2014/05/12/national-small-business-week-starts-today

•  Statement by the President of the United States on National Small Business Week:
http://www.whitehouse.gov/the-press-office/2014/05/12/statement-president-national-small-business-week

•  SBA.gov
http://www.sba.gov/community/blogs/official-sba-news-and-views/open-business/national-small-business-week-starts-today

•  National Small Business Week site:
http://www.sba.gov/nsbw/

•  National Small Business Week 2014 - A Celebration of the Accomplishments of Small Business - U.S. Chamber of Commerce
https://www.uschamber.com/blog/national-small-business-week-2014-celebration-accomplishments-small-business

•  Small Business Week - National Federation of Independent Business (NFIB)
http://www.nfib.com/small-business-week/

•  Small Business & Entrepreneurship Council (SBE Council)
http://www.sbecouncil.org/2014/05/12/small-business-week-2014-needs-to-spark-bipartisanship-to-help-entrepreneurs-says-small-business-advocate/

Let's continue to support and celebrate small businesses every day!