President Donald Trump has long insisted that Americans don’t shoulder the burden of his tariffs. However, new research indicates that his sweeping levies are set to raise household costs this year — representing the largest tax increase in a generation.
The average American household will pay an extra $1,300 in 2026 due to Trump’s tariffs, up from $1,000 in 2025, according to a study this month from the Tax Foundation, a non-partisan think tank in Washington, D.C.
