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.
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📊 Relevant Data
The Trump tariffs amount to an average tax increase of $1200 per US household in 2025. ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/)) ([Tax Foundation](https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/))
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. ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/)) ([American Action Forum](https://www.americanactionforum.org/research/the-impact-of-tariffs-on-small-businesses/))
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. ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far)) ([The Budget Lab at Yale](https://budgetlab.yale.edu/research/short-run-effects-2025-tariffs-so-far))
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. ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/)) ([American Enterprise Institute](https://www.aei.org/research-products/report/how-many-manufacturing-jobs-will-trumps-tariffs-create-and-at-what-cost/))
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. ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html)) ([U.S. Census Bureau](https://www.census.gov/newsroom/press-releases/2025/business-owner-characteristics.html))
Census Bureau Releases New Data About Business Owners — U.S. Census Bureau
📌 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
📰 Source Timeline (1)
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