By how much? About $460 over a year for the average family, according to an analysis from the economists Kirill Borusyak at University College London and Xavier Jaravel and at the London School of Economics.
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Across the income spectrum, the tariffs may cost up to $970 for America’s wealthiest households and as low as $340 for its poorest. These estimates includes tariffs enacted so far as well as proposed increases for later this year.
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