Associated Press: AlixPartners Sonia Lapinsky advises clients to manage tariff uncertainty and continue product development

Small businesses across the U.S. are putting innovation on hold as they scramble to cope with the unpredictability and financial burden of tariffs under President Trump’s trade policies. Companies like Learning Resources, Dorai Home, and Made Plus report delays in product development, staff cuts, and halted launches as resources are redirected toward managing supply chain disruptions, budgeting challenges, and regulatory uncertainty. While large corporations like Alphabet continue investing in innovation, smaller firms—often key drivers of job creation and technological advancement—struggle to maintain momentum. The instability has not only reshaped business strategies but also threatens to hinder long-term research and development in vital sectors.

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