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

The Tax Foundation reports tariffs act as a consumption tax raising costs on electronics, toys, cars, and foods with $1,000 average household impact in 2025 rising to $1,300 in 2026.

  • Last year, the Tax Foundation found President Donald Trump's tariffs cost the average U.S. household $1,000, with costs projected to rise to $1,300 in 2026 if tariffs remain.
  • Using the International Emergency Economic Powers Act, the administration imposed tariffs on imports from China, Canada, Mexico and the EU, targeting electronics, toys, cars and food.
  • Researchers say the levies generated $132 billion in net revenue last year, studies show Americans absorb 96% of the cost, and the Tax Foundation called it the largest tax increase since 1993.
  • For middle‑income households, the research shows tariffs erased between 70 percent and 95 percent of their tax cut this year, according to the Tax Foundation.
  • The Supreme Court could issue a ruling as soon as Feb. 20 on the tariffs' legality, while the White House continues to defend the policy, citing economic gains, White House spokesman Kush Desai said.
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Trump's tariffs cost US households $1K last year: Analysis

Trump's tariffs amounted to an average tax increase of $1,000 per U.S. household in 2025, according to a new analysis.

·Chicago, United States
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KBZK broke the news in on Monday, February 9, 2026.
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