Frequently Asked Questions: Tariffs & SMBs

Who is affected by tariffs?

Both importers and businesses that purchase from importers are affected. Even if you don’t import directly, costs may be passed to you through your supply chain.

How can I tell if I’m exposed?

Use the Tariff Cost Estimator Tool to model cost exposure based on your inputs.

What’s the difference between being an importer and a buyer from an importer?

Importers bring goods in directly and pay tariffs themselves. Buyers from importers don’t pay tariffs directly but often face higher costs as suppliers pass along increases.

How can I mitigate the impact?

• Importers: Consider sourcing changes, tariff engineering, reclassification, FTZs, or pricing changes.
• Buyers: Renegotiate supplier terms, identify domestic alternatives, or adjust your pricing model.

Where do I start?

Use the Strategy Selector Tool to find specific mitigation tactics by industry and business role.

Can I speak with someone?

Yes. Request a free consultation here or email us at info@peyogam.com.