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Tax Foundation · Dec 1, 2025

Trump Tariffs: Tracking the Economic Impact of the Trump Trade War

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 Trump Tariffs: Tracking the Economic Impact of the Trump Trade War. General industry update.

Summary

The Trump tariffs amount to an average tax increase per US household of $1,200 in 2025 and $1,600 in 2026.

Classification

Category: backgroundPriority: informationalReason: General tax news

Affected Groups

All tax practitioners

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article

Bottom Line

Summary

Classification

Affected Groups

Related Topics

Original Source