Back to White House invokes IEEPA emergency powers for 145% China tariffs bypassing Congress
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Trump's tariffs increased the average household tax burden by nearly $1,200 annually.
Explanation
The Trump tariffs amount to an average tax increase of nearly $1,200 per US household in 2025, demonstrating how trade policy directly affects your family budget through higher consumer prices.
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What was the peak tariff rate Trump imposed on Chinese imports in April 2025?
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Easymultiple choiceThe US and China agreed to a 90-day pause in their trade conflict in May 2025.
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