According to forecasts, American households would pay roughly U.S. dollars more in the first year Trump's proposed universal tariff goes into effect. Of the total tax increase, the largest share would be taxes on materials and equipment for U.S. businesses, totaling about *** U.S. dollars in additional taxes per household.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Center for American Progress. (March 27, 2024). Impact of Trump's proposed tariff on household expenses in the United States as of March 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/1557896/impact-trumps-proposed-tariff-household-expenses-us/
Center for American Progress. "Impact of Trump's proposed tariff on household expenses in the United States as of March 2024." Chart. March 27, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/1557896/impact-trumps-proposed-tariff-household-expenses-us/
Center for American Progress. (2024). Impact of Trump's proposed tariff on household expenses in the United States as of March 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/1557896/impact-trumps-proposed-tariff-household-expenses-us/
Center for American Progress. "Impact of Trump's Proposed Tariff on Household Expenses in The United States as of March 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 27 Mar 2024, /statistics/1557896/impact-trumps-proposed-tariff-household-expenses-us/
Center for American Progress, Impact of Trump's proposed tariff on household expenses in the United States as of March 2024 ÌÇÐÄÆÆ½â°æ, /statistics/1557896/impact-trumps-proposed-tariff-household-expenses-us/ (last visited July 28, 2026)
Impact of Trump's proposed tariff on household expenses in the United States as of March 2024 [Graph], Center for American Progress, March 27, 2024. [Online]. Available: /statistics/1557896/impact-trumps-proposed-tariff-household-expenses-us/