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For American households, those duties may add up to price increases, resulting in an average annual loss of $2,400, the Yale research center found.
Simplified Text
American households may face average annual loss of $2400 due to duties according to Yale research center.
Confidence Score
0.800
Claim Maker
Yale research center
Context Type
News Article
Context Details
{
    "date": "2025-08-07",
    "loss_amount": "$2400",
    "organization": "Yale research center"
}
UUID
9fdae194-c783-45d0-a29a-ae3f912b2d12
Vector Index
✗ No vector
Created
September 11, 2025 at 8:59 PM (3 days ago)
Last Updated
September 11, 2025 at 8:59 PM (3 days ago)

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Screenshot of https://www.nytimes.com/2025/08/07/business/economy/trump-tariffs-trade-war.html
https://www.nytimes.com/2025/08/07/business/economy/trump-tariffs-trade-war.html

President Trump's new tariffs on 90 countries took effect, raising concerns globally. The move is expected to increase prices for American consumers and impact global economies. Experts warn of potential economic shocks.

Trump Administration
Trade War
Tariffs
International Trade
US Economy
Global Economics

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