The new 2025 tariff adjustments are here—and for many small business owners, that means rising costs, tighter margins, and tough decisions. But before you panic, there’s a strategy to get through it.On this episode of Become Sensible, I share an essential breakdown of how the latest U.S. import tariffs are impacting everything from manufacturing materials to consumer behavior. I walk through what’s changed, what it means for your pricing and cash flow, and how to apply my five-step resilience framework to stay grounded and profitable no matter what the market throws your way.You’ll learn how to rework your cost structure, model new profit margins, diversify suppliers, and protect your cash runway—even as uncertainty looms.“You can’t control the policy, but you can control your planning, your forecasting, and your mindset.”If your business relies on imported materials or serves clients who do, this one’s a must-listen.🔗 ConnectFollow me, Fiona Nguyen, on LinkedInLearn more about Balannx⏱️ Timestamps00:00 – Intro01:00 – What’s changing with U.S. import tariffs this year02:15 – The ripple effects for small businesses and product margins03:00 – How higher costs hit even non-importing companies04:30 – Step 1: Rebuild your cost map05:35 – Step 2: Scenario forecasting—three models to test06:50 – Step 3: Localize and diversify your supply chain08:20 – Step 4: Rethink your pricing, packaging, and communication09:20 – Step 5: Protect your cash runway through Q410:30 – Important updates on small import exemptions12:30 – How service-based businesses are also affected13:00 – What you can control as a business owner14:00 – Closing encouragement: Strategy over panic Hosted on Acast. See acast.com/privacy for more information.

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