Fox News' Dana Perino: Donald Trump’s announced 30% tariffs on China will hurt small businesses
Perino: “My concern from the beginning has been small and medium-sized businesses and across the board, they are like, 'Woah, what are we doing?’ Because even if it’s 30%, they’ve got all their stuff out there”
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From the May 12, 2025, edition of Fox News' The Five
DANA PERINO (CO-HOST): We started off talking about Wall Street but initially, like, we were all saying, "Who cares about Wall Street?" And my concern from the beginning has been small and medium-sized businesses and across the board, they are like, "Woah, what are we doing?" Because even if it's 30%, they've got all their stuff out there. They had two to three weeks margins, they're already laying off people, so maybe this puts a halt to that and I hope that's the case.