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Trump's Tariffs Cost Households $1,000 Last Year

February 10, 2026·14 days ago·via Realtor.com
Trump's Tariffs Cost Households $1,000 Last Year
A Tax Foundation analysis finds President Trump's tariffs on China, Canada, Mexico and the EU cost the average U.S. household $1,000 in 2025, with costs projected to rise to $1,300 in 2026 if policies remain unchanged. The nonpartisan group calls the tariffs the largest tax increase as a percent of GDP since 1993, as most costs pass to consumers via higher prices on goods like electronics, food and housing materials.

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