Trump’s Tariff Plan Would Cost Families $1,500 Annually

“Donald Trump’s idea to implement a 10% tariff on all imported goods would spike prices by as much as $1,500 annually for American families,” Semafor reports.

“Published by the Center for American Progress Action Fund, the report estimates that yearly costs would rise by $90 for food, $90 for pharmaceutical drugs, and $120 oil-related products like gasoline. The analysis provides an early look at how Democrats will likely use Trump’s trade plans to try and undercut his advantage with voters on the issue of inflation.”