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Claim Text: After consumption shifts, the average tariff rate will be 17.3 percent, the highest since 1935, during the Great Depression.
Simplified Text: After consumption shifts, the average tariff rate will be 17.3%, highest since 1935.
Confidence Score: 0.900
UUID: 8b7766a4-baec-4a66-99fb-14c436ccd122
Vector Index: ✗ No vector
Created: December 6, 2025 at 1:19 AM (8 months ago)
Last Updated: December 6, 2025 at 1:19 AM (8 months ago)

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According to The Budget Lab (TBL) at Yale, a non-partisan policy research center dedicated to providing in-depth analysis of federal policy proposals for the American economy, consumers face an overal... 0.900

Simplified: TBL at Yale says consumers face an 18.3% average tariff rate, the highest since 1934.

8 months ago
The tariffs range from 10 percent to 50 percent, depending on the product and country. 0.950

Simplified: Tariff rates range from 10% to 50% based on product and country.

8 months ago
In its latest report, TBL noted, “The price level from all 2025 tariffs rises by 1.8 percent in the short run, the equivalent of an average per household income loss of $2,400 in 2025,” assuming the F... 0.850

Simplified: TBL: 2025 tariffs will increase prices by 1.8%, costing each household $2,400 in 2025.

8 months ago
In addition, the 2025 tariffs will disproportionately affect clothing and textiles, noted TBL, with consumers facing 40 percent higher shoe prices and 38 percent higher apparel prices, as many of thes... 0.850

Simplified: TBL: 2025 tariffs will increase shoe prices by 40% and apparel prices by 38%.

8 months ago
Brazil faces the steepest tariffs of 50 percent on most goods, and Trump announced a 50 percent tariff on India just yesterday which will take effect later this month, according to news reports. 0.850

Simplified: Brazil has 50% tariffs on most goods. Trump announced 50% tariff on India.

8 months ago