Tariffs Add About $1,000 to Each Household, Study Finds
TL;DR
A Tax Foundation study estimates Trump-era tariffs cost the average American household about $1,000 last year and could rise to roughly $1,300 if current policies continue; economists warn the effects are complex and depend on negotiations, with potential hits to households and agriculture while lower fuel prices offer some offset.
Topics:businesseconomy#consumer-costs#economy#tariffs#tax-foundation#trade-policy#trump-administration
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- New analysis shows Trump's tariffs cost US households an average of $1,000 last year Scripps News
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