
Peters co-sponsors legislation to exempt small businesses from tariffs
WASHINGTON, DC — U.S. Senator Gary Peters (MI) cosponsored the Small Business RELIEF Act to exempt small businesses in Michigan and across the country from President Trump’s global baseline reciprocal tariffs and provide refunds to the small businesses that were forced to pay them. Small businesses make up 99.6 percent of all businesses in Michigan and employ nearly 50 percent of our state’s workforce. This legislation would protect more than 900,000 Michigan small businesses that are already having to make devastating choices to keep their business afloat, such as cutting jobs, canceling expansion plans, and absorbing input costs.