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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.

The mainstream summary does not mention the significant financial burden that the Trump-era tariffs impose on small businesses, which are estimated to cost them approximately $2.9 billion annually. This figure underscores the urgency behind Rep. Morrison's proposed Small Business RELIEF Act, as the tariffs are not merely an inconvenience but a substantial economic threat to small firms. Furthermore, the summary omits the broader economic implications of these tariffs, which are projected to result in an average tax increase of $1,200 per U.S. household by 2025, highlighting the widespread impact of these policies beyond just small businesses. This context suggests that Morrison's initiative is part of a larger conversation about the economic strain placed on both small enterprises and American households due to these tariffs.

Additionally, while the mainstream account focuses on Morrison's local engagement, it fails to address the revenue generated by these tariffs, which has reached roughly $88 billion, with $23 billion accrued in just August 2025. This information could provide a more nuanced understanding of the financial landscape that Morrison's legislation seeks to navigate, as it highlights the significant funds being collected from tariffs that could be redirected to support small businesses rather than merely serving as a punitive measure against them.[1][2][3]

  1. Tax Foundation
  2. American Action Forum
  3. The Budget Lab at Yale
Business & Economy Government/Policy
Show source details & analysis (1 source)

πŸ“Š 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 β€” Tax Foundation

Newly applied tariffs to imports will cost small businesses approximately $2.9 billion annually.

The Impact of Tariffs on Small Businesses β€” 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 β€” 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? β€” 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 β€” U.S. Census Bureau

πŸ“Œ 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

πŸ“° Source Timeline (1)

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November 29, 2025