President Donald Trump has often relied on sector-specific tariffs to enact his sprawling trade agenda.| CNBC
The US fiscal trajectory is on an unsustainable path over the next 35 years, regardless of whether the IEEPA tariffs are struck down or maintained.| Tax Foundation
Explore United States tax data, including tax rates, collections, burdens, and more.| Tax Foundation
The tariffs amount to an average tax increase of nearly $1,300 per US household in 2025.| Tax Foundation
A tariff is a tax imposed by one country on goods or services imported from another country. Tariffs are trade barriers that raise prices and reduce available quantities of goods and services for U.S. businesses and consumers.| Tax Foundation
A tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.| Tax Foundation