Study Reveals Average Cost of Trump's 2025 Tariffs on Americans, Warns of Worse Ahead
A newly released study has calculated the average financial cost that tariffs enacted under former President Trump's trade policies imposed on American consumers during 2025. The research puts a concrete dollar figure on the burden shouldered by U.S. households through higher prices on imported goods, and warns that conditions are expected to deteriorate further as additional tariffs take effect or existing ones intensify.
The study adds to a growing body of economic research demonstrating that tariffs, while intended to protect domestic industries and pressure foreign trading partners, are largely paid by American consumers and businesses through elevated prices. As political debate over trade policy continues, the findings provide ammunition for critics who argue that the tariff strategy has been a net negative for American households. Economists warn that the cumulative impact could weigh on consumer spending and broader economic growth if the trend continues.
The study adds to a growing body of economic research demonstrating that tariffs, while intended to protect domestic industries and pressure foreign trading partners, are largely paid by American consumers and businesses through elevated prices. As political debate over trade policy continues, the findings provide ammunition for critics who argue that the tariff strategy has been a net negative for American households. Economists warn that the cumulative impact could weigh on consumer spending and broader economic growth if the trend continues.