Whopping $82.3 billion cost? Donald Trump’s tariffs may hit US employers in a big way, says JPMorganChase Institute analysis

Jul 2, 2025 - 21:30
Whopping $82.3 billion cost? Donald Trump’s tariffs may hit US employers in a big way, says JPMorganChase Institute analysis

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A recent report indicates that US employers could face an $82.3 billion bill due to President Trump's tariffs, potentially leading to price increases and layoffs. The JPMorganChase Institute's study challenges claims that tariffs burden foreign manufacturers, highlighting the impact on mid-sized firms reliant on imports.

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