Small US companies, which create more than half of the country’s jobs in recent years, are struggling to comply with President Donald Trump’s new tariffs and absorb rising costs due to higher imports. The tariff increase is projected to be a massive $202 billion.
Source: https://www.bloomberg.com/news/articles/2025-08-11/small-us-firms-paying-trump-tariffs-face-202-billion-annual-hit