Tariffs Add About $1,000 to Each Household, Study Finds

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Source: 5 EYEWITNESS NEWS
Tariffs Add About $1,000 to Each Household, Study Finds
Photo: 5 EYEWITNESS NEWS
TL;DR Summary

A Tax Foundation study estimates Trump-era tariffs cost the average American household about $1,000 last year and could rise to roughly $1,300 if current policies continue; economists warn the effects are complex and depend on negotiations, with potential hits to households and agriculture while lower fuel prices offer some offset.

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