Expensive food, with prices increasing by the most in more than three years, and rents underscored the affordability crisis facing President Donald Trump, partly blamed by economists on the White House's policies, including sweeping import tariffs.
US tariffs are taxes on Americans.
The Trump tariffs amount to an average tax increase per US household of $1,500 in 2026.
They are the largest US tax increase as a percent of GDP since 1993.
Impact tracker by @taxfoundation.bsky.social -->
