{"id":461606,"date":"2026-02-11T06:05:13","date_gmt":"2026-02-11T06:05:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/461606\/"},"modified":"2026-02-11T06:05:13","modified_gmt":"2026-02-11T06:05:13","slug":"a-study-just-found-the-average-cost-americans-paid-for-trumps-tariffs-in-2025-and-its-expected-to-get-worse","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/461606\/","title":{"rendered":"A Study Just Found The Average Cost Americans Paid For Trump’s Tariffs In 2025, And It’s Expected To Get Worse"},"content":{"rendered":"

Last year, President Donald Trump announced new tariffs on imports from over 180 countries. At the time, Trump insisted that other countries would “eat”<\/a> this extra cost. However, economists warned<\/a> that Americans would end up paying the price. \"A Chip Somodevilla \/ Getty Images Well, a new report<\/a> from the nonpartisan Tax Foundation found just how much the tariffs cost Americans on average in 2025 \u2014 and, unfortunately, they’re predicting we’ll pay even more in 2026. \"People Tom Williams \/ Getty Images <\/p>\n

Related: Democrats Released 19 More Photos From Epstein’s Estate, And People Can’t Help But Point To These 3 Particularly Disturbing Images<\/a><\/p>\n

According to the report, “The Trump tariffs amount to an average tax increase per US household of $1,000 in 2025 and $1,300 in 2026.” \"Colombian Ucg \/ Getty Images Additionally, the report found that, “The Trump tariffs are the largest US tax increase as a percent of GDP (0.54 percent for 2026) since 1993.” \"Man Coldsnowstorm \/ Getty Images <\/p>\n

Related: People Are Praising AOC For Pointing Out The Stark Double Standard Around Trump’s “Increasingly Erratic” Behavior<\/a><\/p>\n

This news comes after a study<\/a> from the Kiel Institute for the World Economy reported last month that Americans had paid 96% of the cost of Trump’s tariffs while foreign exporters absorbed just 4%. \"Stacked Patrick T. Fallon \/ Getty Images <\/p>\n

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In response, people are calling back to the viral moment when Trump called affordability a “con job by the Democrats.” <\/a> \"Tweet RepGwenMoore \/ Via x.com<\/a> And noting that people on lower incomes will feel the cost of the tariffs more acutely than the top 1%. \"Tweet grantstern \/ Via x.com<\/a> <\/p>\n

Related: Gavin Newsom Is Going Viral For Shutting Down JD Vance With One Single Map<\/a><\/p>\n

One person summed it up, “So basically, I paid 96% of the trade war for the honor of buying my essentials.” \"Tweet moneywcontext \/ Via x.com<\/a> Now I’m curious: Are you seeing the tariffs hit your budget? What have you noticed? Let me know in the comments or via this anonymous form: <\/p>\n

Also in In the News: These Items Found In Nancy Guthrie’s House Are Raising Red Flags For Investigators<\/a><\/p>\n

Also in In the News: Gavin Newsom’s New, Brutal Nickname For Trump Is Going Viral, And It May Be His Best One Yet<\/a><\/p>\n

Also in In the News: 15 Real-Life Experiences That Made People Do A Complete 180 On Their Political Views \u2014 And It Has The Internet Divided<\/a><\/p>\n

Read it on BuzzFeed.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Last year, President Donald Trump announced new tariffs on imports from over 180 countries. At the time, Trump…\n","protected":false},"author":2,"featured_media":461607,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,55475,12,101,2934,42314,143506,5736],"class_list":{"0":"post-461606","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-chip-somodevilla","10":"tag-donald-trump","11":"tag-economy","12":"tag-getty-images","13":"tag-tax-foundation","14":"tag-tom-williams","15":"tag-trump-tariffs"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/461606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=461606"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/461606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/461607"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=461606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=461606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=461606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}