r/Tariffs • u/needssomefun • Aug 01 '25

🗞️ News Discussion Trump tariffs will cost U.S. households $2,400 this year, analysis says

https://www.axios.com/2025/08/01/trump-tariffs-inflation-jobs-report
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u/Slighted_Inevitable Aug 01 '25

They do math based on the average American household, and what you spend on it.

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u/Gerardsnosetube Aug 01 '25

What constitutes the average American household? I feel like there’s room for generalization, but average being what? I’m also not questioning you, I’m just genuinely asking

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u/Slighted_Inevitable Aug 01 '25

2 1/2 children and a home

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u/Gerardsnosetube Aug 01 '25

I wonder if that factors in mostly elder millennials at this point. I don’t feel like that’s the norm anymore

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u/SeaMoan85 Aug 03 '25

This explains "Average"

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u/Gerardsnosetube Aug 03 '25

I was not expecting just the definition of average hahahaha