---
title: "Tariffs paid by medium-sized enterprises in the United States doubled in 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276351612.md"
description: "JP Morgan Research shows that tariffs paid by U.S. mid-sized businesses doubled in 2025, while White House National Economic Council Director Kevin Hassett criticized the New York Fed's research, which found that U.S. consumers and businesses bear about 90% of the tariff costs"
datetime: "2026-02-19T15:24:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276351612.md)
  - [en](https://longbridge.com/en/news/276351612.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276351612.md)
---

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# Tariffs paid by medium-sized enterprises in the United States doubled in 2025

JP Morgan Research shows that tariffs paid by U.S. mid-sized businesses will double by 2025, while Kevin Hassett, Director of the White House National Economic Council, criticized the New York Fed's research, which found that U.S. consumers and businesses bear about 90% of the tariff costs

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