August 4, 2025
Trump Tariff Impact: New Fees Could Raise Prices, Cost Americans $2,400 Per Year

Topline President Donald Trump’s latest tariff rollout is expected to result in higher prices for American consumers, a new Yale University analysis found Wednesday, projecting the president’s tariff policy could cost U.S. households an extra $2,400 this year should new tariffs on copper and on foreign countries’ goods take effect and stay in place. Key
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