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Trump's tariffs cost American households $1,000 last year: Tax Foundation

Tariffs raised the average U.S. household cost by $1,000 in 2025 and could increase to $1,300 in 2026, offsetting most benefits of recent tax cuts, Tax Foundation finds.

  • Last year, the Tax Foundation found tariffs on China, Canada, Mexico and the EU raised household costs by $1,000 as the average effective tariff rate climbed from around 2% to roughly 10%.
  • Using IEEPA, officials imposed broad tariffs on China, Canada, Mexico and the EU, raising the average effective tariff rate to roughly 10% in 2025.
  • Independent data show coffee prices rose 33.6% and ground beef 19.3%, while the Kiel Institute found American consumers absorb 96% of tariff costs and federal tariff revenues totaled $264 billion in 2025.
  • Households face rising grocery price inflation that worsens cost-of-living challenges, while legal uncertainty remains as U.S. courts have yet to rule following November oral arguments.
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  • 69% of the sources are Center
69% Center

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KBZK broke the news in on Monday, February 9, 2026.
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