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

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.