Watch the replay!
The Small Business Briefing covered several important topics, including updates on the Corporate Transparency Act, Federal Reserve interest rate decisions, tariffs, state-level road plans, and the 2026 election watch. Brian Calley and Kelli Saunders provided detailed insights into each topic, discussing implications for small businesses and future expectations.
Key Points:
-
Corporate Transparency Act: New interim final rule limits reporting requirements to foreign companies doing business in the US.
-
Federal Reserve: No interest rate cuts were made, but future cuts are anticipated due to a slowing job market.
-
Tariffs: Steel and aluminum tariffs are set at 25%, and Chinese imports at 20%. Reciprocal tariffs with Canada and Mexico are expected to be implemented soon.
-
State Road Plans: Modest increases in road funding are expected, with a focus on re-prioritizing current state spending rather than new taxes.
-
2026 Election Watch: Early polling shows John James and Tudor Dixon as top Republican contenders for governor, while Jocelyn Benson leads among Democrats.
Click here for more News & Resource
Share On:
© 2025 Small Business Association of Michigan, All rights reserved