Rep. Morrison proposes Small Business tariff rebates
U.S. Rep. Kelly Morrison announced on Small Business Saturday that she has introduced the Small Business RELIEF Act to exempt small firms from Trump‑era tariffs and refund those that already paid them. Morrison, a member of the House Small Business Committee, made the announcement while touring local Minnesota shops to highlight tariff impacts on Twin Cities businesses.
📌 Key Facts
- Bill: Small Business RELIEF Act announced Nov. 29, 2025
- Core provisions: exempts small businesses from Trump‑era tariffs and offers refunds for prior payments
- Morrison is touring Minnesota small businesses to spotlight impacts; she serves on the House Small Business Committee
📊 Relevant Data
The Trump tariffs amount to an average tax increase of $1200 per US household in 2025.
Trump Tariffs: Tracking the Economic Impact of the Trump Trade War — Tax Foundation
Newly applied tariffs to imports will cost small businesses approximately $2.9 billion annually.
The Impact of Tariffs on Small Businesses — American Action Forum
The new 2025 tariffs have raised roughly $88 billion in revenues so far, with about $23 billion of that new tariff revenue posted in August 2025.
Short-Run Effects of 2025 Tariffs So Far — The Budget Lab at Yale
Trump announced tariffs to curb US trade deficits, boost the US manufacturing sector, and for other reasons.
How Many Manufacturing Jobs Will Trump's Tariffs Create? And at What Cost? — American Enterprise Institute
In 2024, White-owned firms made up 80.6% of employer businesses, with receipts of $17.0 trillion.
Census Bureau Releases New Data About Business Owners — U.S. Census Bureau