Small Biz Week Hails 33 Million Entrepreneurs Amid Reg Cuts
Published Date: 5/8/2025
Presidential Document
Summary
National Small Business Week 2025 celebrates the hardworking entrepreneurs who power America’s economy with 33 million small businesses employing nearly half the private workforce. The government is cutting $100 billion in tough regulations, fighting unfair trade, and boosting local supply chains with new tariffs to help small businesses grow and create jobs. This means less red tape, fairer trade, and more opportunities for small business owners starting now.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
$100B Regulatory Cuts for Small Biz
If you run a small business or are self-employed, the proclamation states the Administration is cutting $100 billion in regulations that the document says disproportionately burden small businesses and manufacturers.
Targeted Tariffs to Protect Businesses
The proclamation says that, "On Liberation Day," the Administration implemented targeted tariffs to protect American businesses from unfair trade practices and to strengthen local supply chains.
Made in America Initiative Creates Jobs
The proclamation says the Made in America Manufacturing Initiative is creating good-paying jobs and securing supply chains while cutting $100 billion in regulations that the document ties to relief for small businesses and manufacturers.
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