Senate Democrats introduce bill to shield small businesses from Trump’s new tariffs

Senate Democrats, led by Senator Ed Markey, introduced the "Small Business Liberation 2.0 Act" to shield small businesses from President Trump's newly enacted tariffs. The bill seeks to exempt small businesses from the 10% global baseline tariff imposed after the Supreme Court invalidated Trump's previous tariff policy. The legislation also prohibits price gouging resulting from the tariffs. Several Democratic senators are co-sponsoring the bill, which aims to alleviate the financial strain and uncertainty experienced by small business owners due to increased import costs. While the bill offers potential relief, its passage is unlikely in the Republican-controlled Senate. Many companies have already filed lawsuits against the government over its tariff policies, and a court has ordered tariff refunds.

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