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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36 Articles
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Ryan Zinke Votes to Protect Cost-Raising Tariffs
Despite sweeping tariffs costing average American household $1,000 more per year, Zinke still supports them Last night, Ryan Zinke voted to cede Congress’ oversight authority on sweeping, reckless tariffs that are raising costs for Montanans. The pivotal vote comes as a new report from the Tax Foundation found tariffs cost the average American household $1,000 last year. The cost is expected to rise in 2026 to $1,300 if existing tariffs that H…
Media Reporting Trump's Tariffs Cost Americans $1,000, But They're Ignoring Overall Savings of His Policies
Media outlets were quick to glom onto a study that found President Donald Trump’s tariffs resulted in a $1,000 increase in costs to the average American household. However, they did […] The post Media Reporting Trump's Tariffs Cost Americans $1,000, But They're Ignoring Overall Savings of His Policies appeared first on The Western Journal.
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.
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