【ITC Explains】Tariffs: Hidden Costs for Everyone

When elephants fight, it’s the grass that suffers.

While trade tensions between big players in global trade make the news, let’s not forget the most vulnerable – small businesses with little negotiation power and over-dependence on one or two markets.

In this video, we take a look at how tariffs affect small exporters — and, more importantly, what they can do to stay resilient.

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0:00 Where we are now
0:52 What are tariffs?
1:14 Tariff pass-through
3:28 Products exempt from tariffs
4:16 How tariffs influence export prices
7:00 What can we do from here?