📈 Your Household Details
🛒 Annual Spending by Category
Spending defaults are based on BLS Consumer Expenditure Survey data for your income bracket and household size. Adjust sliders to match your actual spending.
Estimated Annual Tariff Cost
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That's $0/month
Tariffs cost your household $0 per month — like paying an extra $0 in income taxes
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Per Person / Year
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% of Income
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Per Day
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vs. 2024 Tariffs
📊 Cost Breakdown by Category
📅 2024 vs 2026 Comparison
| Category | 2024 Tariff Cost | 2026 Tariff Cost | Increase |
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❓ Frequently Asked Questions
How much do tariffs cost the average family?▼
In 2026, the average American household pays an estimated $800 to $3,800 per year in additional costs due to tariffs, depending on income level and spending patterns. The effective tariff rate across all imports is approximately 13.7%. Lower-income families bear a disproportionate burden as a percentage of their income, making tariffs similar to a regressive sales tax.
Which products have the highest tariffs?▼
Steel and aluminum face the highest tariffs at 50%. Chinese imports are subject to approximately 35% tariffs, affecting electronics like phones and computers, toys, furniture, and many other consumer goods. Even products not specifically targeted face a 10% baseline tariff under Section 122. Clothing is heavily impacted since the majority of US apparel is imported.
Will tariffs go down?▼
Tariff policy depends on ongoing trade negotiations and political decisions. While specific tariffs may be reduced through bilateral trade deals, the general trend since 2024 has been toward higher tariffs. The Section 122 global 10% baseline and elevated China tariffs appear likely to remain in place for the near term. Trade agreements could reduce tariffs on specific goods or with specific countries.
How are tariffs different from taxes?▼
Tariffs are technically taxes on imported goods, paid by the importing company at the border. However, these costs are almost always passed through to consumers as higher prices. Unlike progressive income taxes where higher earners pay a larger share, tariffs are regressive — they function like a flat sales tax that takes a bigger percentage of income from lower-income households. The key difference is visibility: you see income tax on your paycheck, but tariff costs are hidden in the price of everyday goods.
What is Section 122?▼
Section 122 of the Trade Act of 1974 grants the President authority to impose temporary tariffs of up to 15% for 150 days to address large and serious balance-of-payments deficits. In 2025, this authority was invoked to establish a 10% global baseline tariff on nearly all imports not already subject to higher specific duties. This effectively created a minimum tariff floor on all goods entering the United States.
