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American small business bills tripled due to Trump's tariffs in 2025, JPMorgan finds

General • February 19, 2026

American small business bills tripled due to Trump's tariffs in 2025, JPMorgan finds is drawing significant interest across the industry.

“That’s a big change in their cost of doing business,” said Chi Mac, business research director of the JPMorganChase Institute.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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