Jag is owned by Tata motors which has a $51B market cap and sells 1M cars a year - most not in the USA. So really isn't applicable.
Most small businesses are service businesses - and don't really have to deal with tarriff's.
Its actually the large companies that will "suffer" - because they won't be able to pass any cost increases to their customers - so it will be a margin compression event. Of course they were the ones that off-shored everyone's jobs to begin with.
Disagree; pretty much every business will be affected either directly or indirectly.
From Forbes:
The Impact of Tariffs on Small Businesses
1. Small businesses that import and distribute foreign-made goods will feel the impact of higher tariffs immediately. They will be paying more for high end products such as French wine, cheese, perfumes, fashion and accessories, as well as cars from Germany and Japan, oil from Canada and the Middle East, steel and consumer goods from China, pharmaceuticals made in Ireland, and produce from Mexico.
2. Companies not directly involved in the import-export business will be impacted. For instance, automobile owners can expect increases in the cost of repairs as foreign-made parts will be taxed.
3. Small businesses need to brace for changes in cash flow. The tariffs will increase the cost of the foreign-made goods and materials. This new reality will hurt earnings unless small business owners are able to pass along the price increases to consumers without losing sales.
4. Supply chains could be disrupted. Tariffs can disrupt the global supply chain, which means that small businesses may encounter difficulty in getting the goods they need. This can result in unhappy customers for small businesses.
5. Anti-American sentiment may hurt exporters. Small businesses that sell American-made items overseas will be subject to retaliatory tariffs imposed by U.S. trading partners. One cannot ignore rising anti-American sentiment and potential boycotts of U.S. products due to anger over trade wars. Many exporters could see their margins shrink.