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Trump Tariffs: $1,000+ Cost to US Households – New Research Reveals

President Trump's tariffs cost the average American household $1,000 last year, according to new research from the nonpartisan Tax Foundation. The cost is set to go even higher this year to $1,300 per household, assuming the existing tariffs…

By Daniel Perez - News Editor Updated February 11, 2026

Trump Tariffs: $1,000+ Cost to US Households – New Research Reveals

President Trump’s tariffs cost the average American household $1,000 last year, according to new research from the nonpartisan <a href="https://www.archynewsy.com/oregon-plunges-in-tax-fairness-rankings/" title="Oregon Plunges in Tax Fairness Rankings">Tax Foundation</a>. The cost is set to go even higher this year to $1,300 per household, assuming the existing tariffs stay in place, the research said. ABC News’ Elizabeth Schulze broke down how tariffs have affected households and the broader economy. Read more: | ABC News Live

date: 2026-02-10 23:10:00