Trump’s tariffs cost households $1,000 in 2025, set to rise to $1,300 in 2026: Research group finds
President Donald Trump’s tariffs will cost the average American household $1,000 in 2025, according to new research from the non-profit Tax Foundation. The burden is expected to rise to $1,300 per household in 2026 if the existing tariffs remain in place. Trump has imposed multiple tariffs on US trading partners, including China, Canada, Mexico, and…