New JPMorganChase report reveals midsize U.S. firms paid triple in tariffs last year
Tariffs on imports tripled costs for U.S. middle-market firms last year, forcing higher prices, reduced hiring, lower profits, and supply-chain shifts away from China.
American small business bills tripled due to Trump's tariffs in 2025, JPMorgan finds | Fortune
Tariffs on imports caused midsized U.S. businesses' tariff payments to triple, forcing higher prices, fewer workers, lower profits and supply-chain shifts away from China.
