Media outlets were quick to glom onto a study that found President Donald Trump’s tariffs resulted in a $1,000 increase in costs to the average American household.
However, they did not couple it with the savings Americans are experiencing overall, thanks to Trump’s economic policies, which more than offset the price of tariffs.
TheTax Foundation, which leans conservative, does not like tariffs, as its lateststudyconfirms. They came outstrongly againstTrump’s tariffs beginning in February 2025, shortly after he took office.
ABC Newsreported, “The research called Trump’s tariffs ‘the largest U.S. tax increase as a percent of GDP since 1993.’ It suggests the president’s signature economic policy is exacerbating cost of living concerns at a time when many households are grappling with persistently high prices.
“According to the research think tank Tax Foundation, the federal government collected $264 billion in total tariff revenues in 2025 — far short of the trillions regularly touted by the White House. The research also finds the tariffs will offset most of the economic benefits of the new tax cuts from Trump’s signature tax law that took effect this year,” the news outlet added.
Similarly,Yahoo Financereported the Tax Foundation’s “research suggests the president’s tariff policy worsens cost-of-living concerns as households struggle with persistently high prices.”
So that’s the media narrative: Trump is making your finances worse.
Affordability was thetop issuevoters identified in the off-year elections that took place in November, which went well for the Democrats. Their media allies are looking for a repeat this fall.
Trump did a cost/benefit analysis and determined that imposing tariffs strategically can bring manufacturing back to the United States, which means more American jobs, and such has definitely been the case in the auto and other industries.Mercedes-Benz,Hyundai,Honda, andStellantiswere just some of the manufacturers that announced production in the U.S.
In fact, U.S. steel manufacturingexceededJapan’s for the first time in 26 years.
Source: VidNews » Feed
