Recent analyses confirm that American consumers and businesses are shouldering nearly 90% of the costs associated with Trump’s tariffs, contradicting claims that foreign exporters are responsible for the financial burden. Reports from the New York Federal Reserve indicate that the tariffs have resulted in an average annual cost of $1,000 to $1,300 per household, significantly impacting family budgets. Critics argue that these tariffs negate any tax benefits from recent tax cuts, while supporters claim they bolster the economy. As political debates intensify ahead of midterm elections, the ongoing financial implications of these tariffs continue to provoke discussion, with many Americans expressing concern over rising costs and economic stability.