Part 4/12:
Experts estimate that the tariffs imposed during Trump's tenure could cost the average American family about $1,200 annually, with some analyses highlighting that damages can escalate to nearly $2,000 when considering inflated prices of domestic competing goods. While the projected revenue from these tariffs is substantial—approximately $150 billion per year—the static estimates ignore the broader negative impacts on economic growth and the compensation costs spiraling from retaliation.