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Trump’s Tariffs Whack Trump Voters

  • The Trump administration's tariffs on Mexico, Canada, and China will cost U.S. Households around $3,000 each, leading to a total cost of approximately $400 billion per year overall.
  • Trump's tariffs on imports from Canada, Mexico, and China will increase costs for U.S. Households by around $3,000 annually, according to an analysis.
  • The Federal Reserve Bank of Atlanta reported a GDP contraction of 2.8% for the first quarter of 2025, contrasting with earlier growth estimates.
  • The Conference Board noted the largest decline in consumer confidence since August 2021, suggesting growing economic concerns.
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cepr.net broke the news in on Tuesday, March 4, 2025.
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