Trump's Tariff Policies Cost Average American Households Nearly $1,200, Economic Report Reveals

Dec 11, 2025 11:36 pm CST

A new analysis by the Joint Economic Committee shows that sweeping import taxes under the Trump administration have resulted in approximately $1,200 in additional costs for the average American household. The report highlights the significant economic impact of tariff policies on consumer prices at a time when many families are already struggling with the high cost of living.