Tariffs will cost US households over $1,000 a year, Yale Budget Lab says

Canada Tariff Fallout Will Up Household Costs for US Consumers

The Yale Budget Lab estimated that the average American household will pay $30 more in tariffs because of this week's trade action.

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The Yale Budget Lab's estimate included newly announced tariffs on Canada.

Tariffs will cost US households over $1,000 a year, Yale Budget Lab says

U.S. tariffs will cost the typical American household more than $1,000 per year, the non-partisan Yale Budget Lab found in an estimate released on Tuesday.