Tariffs could cost the average American household $3,800 per year. Here’s how to save for it
By Marcos Cabello, Bankrate.com
Tariffs could cost the average American household $3,800 in 2025, according to The Budget Lab at Yale University. This estimate comes even as President Trump announced a 90-day pause on tariffs earlier this month, temporarily reducing most tariffs to 10% in the meantime, while maintaining higher rates for countries including China.
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