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Host: Trump's trade war is hitting Americans maybe even harder than previously thought. Tariffs raised taxes for the average American household by $1,000 last year, and that is expected to rise to $1,300 this year. This is the largest US tax increase as a percent of GDP since 1993.

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President Trump's tariffs cost the average American household $1,000 last year, a price tag likely to rise this year, according to new research from the nonpartisan Tax Foundation. What You Need to Know is streaming exclusively on Disney+. Stream now:
0:35

President Trump's tariffs cost the average American household $1,000 last year, a price tag likely to rise this year, according to new research from the nonpartisan Tax Foundation. What You Need to Know is streaming exclusively on Disney+. Stream now:

ABC News

65,305 görüntüleme • 8 ay önce

Reporter: Trump argued that other countries are going to pay the brunt of the tariffs, but recent research finds the exact opposite. The cost of Trump's tariffs per household was $1,000 last year, and they're seeing an increase this year to $1,300.
0:33

Reporter: Trump argued that other countries are going to pay the brunt of the tariffs, but recent research finds the exact opposite. The cost of Trump's tariffs per household was $1,000 last year, and they're seeing an increase this year to $1,300.

The Lincoln Project

439,179 görüntüleme • 7 ay önce

Buttigieg: "About $1,000 is what his tariffs cost the average American household last year. And maybe to him and his billionaire allies, the kinds of people who got most of his tax cuts, that's not a lot of money. But of course to most Americans, $1,000 is a lot of money. You can't be tricked about that."
0:45

Buttigieg: "About $1,000 is what his tariffs cost the average American household last year. And maybe to him and his billionaire allies, the kinds of people who got most of his tax cuts, that's not a lot of money. But of course to most Americans, $1,000 is a lot of money. You can't be tricked about that."

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88,150 görüntüleme • 7 ay önce

President Trump's tariffs cost the average American household $1,000 last year, according to new research from the nonpartisan Tax Foundation. ABC News’ Elizabeth Schulze reports:
2:25

President Trump's tariffs cost the average American household $1,000 last year, according to new research from the nonpartisan Tax Foundation. ABC News’ Elizabeth Schulze reports:

ABC News

41,941 görüntüleme • 8 ay önce

President Trump’s tariffs cost the average American household about $1,000 last year, according to a new report from the nonpartisan Tax Foundation. Elizabeth Schulze reports.
0:54

President Trump’s tariffs cost the average American household about $1,000 last year, according to a new report from the nonpartisan Tax Foundation. Elizabeth Schulze reports.

Good Morning America

17,010 görüntüleme • 8 ay önce

Had Republicans not taken action, there would have been a $4 trillion tax increase on the American people this year. Instead, thanks to the Working Families Working Families Tax Cuts, Americans are seeing their tax refund increase by more than 10 percent compared to last year.
1:59

Had Republicans not taken action, there would have been a $4 trillion tax increase on the American people this year. Instead, thanks to the Working Families Working Families Tax Cuts, Americans are seeing their tax refund increase by more than 10 percent compared to last year.

Leader John Thune

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💰Here's what you can expect when you file your taxes THIS YEAR (according to the Tax Foundation): The average refund this year will be about $1,000 higher than last year. This relief is a direct result of the Republicans' Working Families Tax Cuts Act.
0:39

💰Here's what you can expect when you file your taxes THIS YEAR (according to the Tax Foundation): The average refund this year will be about $1,000 higher than last year. This relief is a direct result of the Republicans' Working Families Tax Cuts Act.

Sen. John Barrasso

23,161 görüntüleme • 8 ay önce

Thanks to Donald Trump's tariffs, Americans are currently experiencing one of the largest tax increases in American history. This is a code red for our economy.
0:36

Thanks to Donald Trump's tariffs, Americans are currently experiencing one of the largest tax increases in American history. This is a code red for our economy.

Governor Gavin Newsom

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Chancellor Rachel Reeves says GDP will grow by 1.1 percent this year, according to the Office for Budget Responsibility, but is expected to rise to 1.5 percent by 2029, making people £1000 better off a year by the next general election. 📺 Sky 501
1:31

Chancellor Rachel Reeves says GDP will grow by 1.1 percent this year, according to the Office for Budget Responsibility, but is expected to rise to 1.5 percent by 2029, making people £1000 better off a year by the next general election. 📺 Sky 501

Sky News

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🚨 IT'S OFFICIAL: Democrats are furious after local news is forced to report that tax refunds for Americans are SURGING over +10% year over year The average refund is nearly $3,700. That is a HUGE increase under President Trump! The "experts" are in shambles again 🔥 "The average tax return is more than 10% higher than last year." "There are a number of changes working in your favor this year. We can now deduct more of our state and local taxes on our federal returns." "There's no tax on overtime and we get more for those little tax deductions we call our kids." "Early numbers indicated that the average tax return was about $3,700 bucks this year!" Rapid Response 47
0:36

🚨 IT'S OFFICIAL: Democrats are furious after local news is forced to report that tax refunds for Americans are SURGING over +10% year over year The average refund is nearly $3,700. That is a HUGE increase under President Trump! The "experts" are in shambles again 🔥 "The average tax return is more than 10% higher than last year." "There are a number of changes working in your favor this year. We can now deduct more of our state and local taxes on our federal returns." "There's no tax on overtime and we get more for those little tax deductions we call our kids." "Early numbers indicated that the average tax return was about $3,700 bucks this year!" Rapid Response 47

Eric Daugherty

30,956 görüntüleme • 6 ay önce

GOP Rep. Bacon: The average family has paid $1,000 in tariffs, and this year it's going to be $1,300. 95% of all the tariffs are being paid for by the consumers. Trump has stepped way beyond what is good policy and good politics.
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GOP Rep. Bacon: The average family has paid $1,000 in tariffs, and this year it's going to be $1,300. 95% of all the tariffs are being paid for by the consumers. Trump has stepped way beyond what is good policy and good politics.

FactPost

39,966 görüntüleme • 7 ay önce

Taylor: The average American family saved $1,600 a year from Donald Trump's tax cuts. Do you know what the average American family has spent because of his increase in prices? About $4,000 a year. Whatever tax cuts Donald Trump gave us, he wiped away with price increases, and now he's realizing what conservative economists have known for centuries. Tariffs are taxes. And he's having to walk it back.
0:45

Taylor: The average American family saved $1,600 a year from Donald Trump's tax cuts. Do you know what the average American family has spent because of his increase in prices? About $4,000 a year. Whatever tax cuts Donald Trump gave us, he wiped away with price increases, and now he's realizing what conservative economists have known for centuries. Tariffs are taxes. And he's having to walk it back.

Acyn

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MAJORITY LEADER THUNE: “This past Monday was the start of tax filing season. I know most Americans aren't usually excited about the start of tax season, but this year, there's less reason for dread because thanks to the working families tax cuts, most Americans are going to see a lower tax bill.” “That means bigger tax refunds for a lot of Americans, as much as $1,000 more than last year."
0:42

MAJORITY LEADER THUNE: “This past Monday was the start of tax filing season. I know most Americans aren't usually excited about the start of tax season, but this year, there's less reason for dread because thanks to the working families tax cuts, most Americans are going to see a lower tax bill.” “That means bigger tax refunds for a lot of Americans, as much as $1,000 more than last year."

Fox News

91,236 görüntüleme • 8 ay önce

It’s been a busy year, highlighted by the Working Families Tax Cut that prevented the largest tax increase in American history. This Republican majority is keeping its foot on the gas as we work hard to deliver a stronger, safer, and more prosperous America.
2:52

It’s been a busy year, highlighted by the Working Families Tax Cut that prevented the largest tax increase in American history. This Republican majority is keeping its foot on the gas as we work hard to deliver a stronger, safer, and more prosperous America.

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Hospitality is being hammered by this Government. Last year they bore the brunt of the Jobs Tax, now the Government is raising business rates by thousands of pounds. An average 70% rise for pubs. As I told BBC Politics Live earlier, this needs to stop.
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Hospitality is being hammered by this Government. Last year they bore the brunt of the Jobs Tax, now the Government is raising business rates by thousands of pounds. An average 70% rise for pubs. As I told BBC Politics Live earlier, this needs to stop.

Andrew Griffith MP

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“There’s no higher domestic priority…than ensuring that the American people aren’t faced with a nearly $5 trillion tax increase at the end of this year. If we don’t extend those Trump-Pence tax cuts, the average American family is going to see about a $2,000 increase in taxes.” -AAF Founder Mike Pence on why Congress needs to pass the One Big Beautiful Bill
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“There’s no higher domestic priority…than ensuring that the American people aren’t faced with a nearly $5 trillion tax increase at the end of this year. If we don’t extend those Trump-Pence tax cuts, the average American family is going to see about a $2,000 increase in taxes.” -AAF Founder Mike Pence on why Congress needs to pass the One Big Beautiful Bill

Advancing American Freedom

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🚨 BREAKING: Democrats are growing panicked that the Trump economy is BOOMING in 2026 as inflation slows and prices plummet "US inflation is COOLING more than expected, good news for American consumers!" "2.4% year-over-year, the lowest since May!" Trump's plan is working! 🔥

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