The Budget Lab

The economic impact of tariffs from President Donald Trump could be felt by Americans now and in the coming months, as higher costs for imports could lead to companies passing costs onto consumers. A new survey suggests that low-income consumers may be the ones hurt the most. What Happened: ...

A new study finds that President Donald Trump's tariff policies are landing hardest on the nation's poorest households, with the bottom income decile bearing the brunt of the economic fallout. What Happened: On Sunday, Yale University’s The Budget Lab, a non-partisan policy research center,...