U.S. Chamber: One Big Beautiful Bill, Taxes and Tariffs

On July 4, 2025, President Trump’s One Big Beautiful Bill Act (OBBB) was signed into law. This sweeping legislation includes major tax reform provisions that will have far-reaching implications for small businesses in the years to come.

In a recent Small Business Update from the U.S. Chamber of Commerce, above, Neil Bradley, EVP, Chief Policy Officer, and Head of Strategic Advocacy at the U.S. Chamber, joined CO— Editor in Chief Jeanette Mulvey to unpack the OBBB and what it means for small business owners. Bradley also provided updates on tariffs, immigration, and policy priorities that could impact entrepreneurs across the country.

The takeaways from the video, above, can be found in a full report at USChamber.com.