“That’s a big change in their cost of doing business,” said Chi Mac, business research director of the JPMorganChase Institute.
The additional taxes have meant that companies that employ a combined 48 million people in the U.S. — the kinds of businesses that Trump had promised to revive — have had to find ways to absorb the new expense, by passing it along to customers in the… [2838 chars]
Source: Fortune | Published: 2026-02-19T13:05:38Z
Credit: Fortune
