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Journal article
The Impact of Tariffs and Trade Policy Uncertainty on SME Supply Chains
Journal of small business strategy, Vol.36(2), pp.73-86
03/31/2026
Abstract
The United States economy relies heavily on small and medium-sized enterprises (SMEs). The private sector workforce consists mainly of SME employees. SMEs represent 97% of all importing firms. These firms need global supply chains to support their business models, so they are exposed to the greatest risks from trade policy changes. This research examines the effects of tariffs and trade policy uncertainty (TPU) on SME supply chains. The study draws on theoretical frameworks, including Real Options Theory, Transaction Cost Economics, and Supply Chain Resilience Theory, and uses real-world examples to inform its analysis. The current tariffs impose immediate costs on companies, but trade policy uncertainties prevent SMEs from investing in their supply chains and maintaining agility. The paper evaluates emerging academic findings on SME responses to supply chain disruptions and recommends policies to enhance resilience amid trade policy volatility.
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- Title
- The Impact of Tariffs and Trade Policy Uncertainty on SME Supply Chains
- Publication Details
- Journal of small business strategy, Vol.36(2), pp.73-86
- Resource Type
- Journal article
- Publisher
- East Carolina University * College of Business, Small Business Institute
- Copyright
- Permission granted to the University of West Florida Libraries by the author to digitize and/or display this information for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires the permission of the copyright holder.
- Identifiers
- 99381740683706600
- Academic Unit
- Commerce; Lewis Bear Jr. College of Business
- Language
- English