Yale Budget Lab estimates Trump tariffs cost typical households $1,200-$2,000 annually. Sort these household types by who bears the biggest burden as percentage of income?
Categories
Higher Burden: Tariffs Hit Hardest as % of Income
Groups where $1,500 tariff cost represents larger income share
Lower Burden: Tariffs Less Significant as % of Income
Groups where $1,500 tariff cost represents smaller income share
Items to Categorize
Explanation
Low-income and middle-income households spend higher percentage of income on consumer goods—groceries, clothing, electronics, appliances—where tariff costs hit hardest. $1,500 tariff burden represents...
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