Reality Check

Examining the economic impact of tariff policies with data-driven analysis

Fact Check #1

The Claim:

Tariffs only hurt foreign countries

The Reality:

Tariffs are ultimately paid by American consumers through higher prices

Economic Impact:

The CBO estimates a 20-30% cost increase on affected goods

Source: Congressional Budget Office

Discussion

No comments yet. Be the first to share your perspective!

Consumer Costs

Average households paid $1,300 more annually under previous tariff rounds

Economic Impact

Previous tariffs correlated with slower GDP growth and manufacturing declines

Employment

For every job created in tariff-protected industries, multiple downstream jobs were lost