President Donald Trump’s tariffs are costing American households hundreds of dollars per year, according to new research. In a recent report on the “economic impact” of Trump’s signature trade policy, the nonprofit think tank, Tax Foundation, which tends to advocate for lower taxes, said that tariffs had resulted in an average tax increase of $1,000 per U.S. household in 2025—a figure projected to climb to $1,300 for 2026, assuming the existing duties remain in effect. Newsweek has contacted

Tag-uri: Donald Trump