The Yale Budget Lab says the new tariff rates President Trump announced late Thursday are the highest in nearly a century and will cost the average family about $2,400 this year, Axios reports.
After blending the various rates assigned to different countries, the average tariff now stands at 18.3%, the highest since 1934.


?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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A new game every day.