Under an analysis of all tariffs rising to Trump's full "Liberation Day" levels, the researchers found total direct tariff costs to midsize firms would grow more than sixfold to $187.7 billion, or $4,740 per employee.
"An annual tariff cost of $4,740 per employee means that midsize firms would, on average, face additional costs of over 7 percent of their payroll," they wrote...
https://thehill.com/business/5381700-midsize-us-businesses-donald-trump-tariffs/
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