Southern California small businesses take ‘wait and see’ approach on tariff ruling

Southern California’s businesses took a collective breath on Friday, pondering their next steps and potentially cheaper inventories, after the U.S. Supreme Court struck down sweeping tariffs imposed by the Trump administration. Before they could consider a lot of savings, President Donald Trump was threatening a global 10% tariff to replace the hundreds of tariffs the court said were imposed illegally. Some experts and business owners interviewed early Friday expect a rush to place orders on everything from lumber to stainless steel before the buying opportunity window closes. “So much of our soft timber that goes into homes comes out of…