Tariff Costs Triple for Midsized US Businesses: JPMorgan

Tariffs weren’t enough to end America’s import addiction. Last year, in spite of (or because of) the White House’s aggressive tariff campaign, the US trade deficit of goods reached a record high, according to data Thursday from the US Commerce Department. In other words, tariffs haven’t really altered the behavior of US consumers and companies. But according to a JPMorgan report published Thursday, the tariffs are definitely making life tougher for mid-sized companies. SUBSCRIBE:  Receive more of our fre ...