Based On The Numbers

Tariffs Will Cost Each Household Nearly $5,000 a Year


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In this episode of Based on the Numbers, host Bahiyah Shabazz explores the hidden costs of tariffs and how they affect the average American household, focusing on the financial strain placed on middle-class and low-income families. From the historical consequences of the Smoot-Hawley Tariff to the modern-day trade wars, we unpack how tariffs raise consumer prices, reduce purchasing power, and ripple through jobs and wages. With estimates showing a nearly $5,000 annual impact per household, this episode breaks down why tariffs function like a regressive tax, hitting poor families the hardest. Tune in to understand the real cost of trade policy at your dinner table.
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Based On The NumbersBy Bahiyah Shabazz