Trump Tariffs Cost Families Nearly $1,200, Raising Prices
According to a new analysis by the Joint Economic Committee (JEC), the average US household has paid $1,200 in tariff costs over the past 10 months due to President Trump’s trade policies. This amount is derived from official US Treasury Department data on tariff revenue, and is expected to continue to rise. Democrats, including Senator Maggie Hassan, have criticized the tariffs, arguing they contradict Trump’s promise to lower costs for families. Furthermore, the JEC projects that if current tariff levels remain, families will pay $2,100 annually, compounding the financial strain felt by many Americans.