Midsized firms’ tariff payments tripled: Analysis via The Hill News — A new analysis from the JPMorgan Chase Institute found that tariff payments by midsized U.S. firms roughly tripled in 2025. The analysis, published Thursday, shows that midsized firms’ tariff payments began increasing starting in April, the month that President Trump unveiled his sweeping “Liberation Day” levies on numerous trading partners. Tariff payments by midsized firms…

Tariff payments by midsized U.S. firms tripled in 2025, JPMorgan Chase Institute analysis shows, with costs surging after Trump's April "Liberation Day" levies.

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