Congressional Democrats say Trump tariffs will cost US households more than $2,500 this year
Briefly

Congressional Democrats say Trump tariffs will cost US households more than $2,500 this year
"Despite a Supreme Court ruling that much of Trump's tariff agenda is illegal, the Trump administration refuses to provide relief for families. As American families continue to struggle with high costs, the President keeps choosing to institute new tariffs that will push prices even higher."
"The Supreme Court ruled Feb. 20 that the law did not give the president the authority to levy tariffs. The government now must provide refunds - expected to come to around $175 billion - to the importers who paid the IEEPA tariffs now declared illegal."
"Treasury Secretary Scott Bessent has said that that new levies "will result in virtually unchanged tariff revenue in 2026. Trump has already announced a 10% tariff, invoking Section 122 of the Trade Act of 1974."
The Supreme Court invalidated President Trump's tariffs imposed under the International Emergency Economic Powers Act, requiring $175 billion in refunds to importers. The administration is rapidly implementing new tariffs under alternative legal authority to maintain revenue levels. Congressional Democrats project that these replacement tariffs will increase household costs to $2,512 in 2026, up 44% from $1,745 in 2025. This occurs amid consumer frustration over high living costs and rising energy prices from geopolitical tensions. The White House dismisses Democratic concerns as "phony," asserting tariffs will renegotiate trade deals and lower drug prices.
Read at ABC7 Los Angeles
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