Raising a child from infancy to 17 in the U.S. can cost a middle-class family approximately $320,000, encompassing expenses like childcare, healthcare, education, and more. Current tariffs imposed under the Trump administration are expected to increase these costs further, impacting both families and companies that supply child-related products. Some industry leaders warn that these tariffs could lead to unavailability of certain essential products, heightening the financial strains of parenting in an already expensive environment.
By some estimates, raising a kid, who was born in 2015, could cost a middle class family close to $320,000 over 17 years.
Slapping tariffs on the products kids use could make it more so.
The companies that sell products geared at those raising kids, they're going to feel the pinch as well.
One CEO argues it could even mean certain products will become unavailable.
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