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Tariffs will cost consumers $1,300 this year

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February 10, 2026

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The Trump administration tariffs will amount to an average tax increase, per U.S. household, of $1,300 in 2026, according to data from the Tax Foundation organization, and reflect the largest U.S. tax increases as a percent of GDP since 1993. Tariffs cost U.S. households $1,000 in 2025.

The imposed tariffs will raise $2.0 trillion in revenue from 2026-2035, according to the research think tank which estimates tariffs raised $132 billion in net tax revenue in 2025.

Tariffs, which fluctuated through 2025 as the U.S. struck trade deals, primarily affected the cost of electronics, toys and cars that aren't manufactured domestically and foods that are grown abroad. The price of coffee rose by 33.6%, ground beef by 19.3%, romaine lettuce by 16.8% and frozen orange juice by 12.4%, according to the Bureau of Labor Statistics.