What Tariffs mean for your budget

What Tariffs Mean for Your Budget

30-second overview

From the published campaign article

Moss's campaign website says he is “100% committed to Make America Great Again!” Trump's tariffs come with costs here at home.

Local context and documented position

The original explanation below contains the campaign’s position and local context. Campaign statements express positions; linked records and reports provide their own evidence.

Sources and records

budgetlab.yale.edu — linked reporting or reference.
www.newyorkfed.org — linked reporting or reference.
joemoss.com — candidate campaign source.

Moss's campaign website says he is “100% committed to Make America Great Again!” Trump's tariffs come with costs here at home.

Estimated annual household cost

$1,100

About $92 a month. Yale's Budget Lab estimates this annual cost for the average U.S. household under current-law tariffs, as of August 24, 2026.

This is a national benchmark for families in Michigan's 89th District, not a district-specific estimate or a tally of costs already paid. Actual costs depend on household purchases. The estimate includes scheduled tariff changes; the monthly equivalent is rounded.

Read Yale's estimate (opens in a new tab) →

How the costs reach your budget

Imported goods. American-made goods. Higher prices.

An August 2026 New York Fed research paper finds that the 2025 tariffs raised consumer prices for imported and domestically produced goods. Imported inputs become more expensive, and some domestic producers raise prices as foreign competition becomes more costly.

Tariffs add pressure to household budgets. That does not mean they caused every price increase.

Read the research (opens in a new tab) →

Joe, will you challenge Trump's tariffs when they raise household costs? Meegan Zickus is making affordability and practical problem-solving central to her campaign. What everyday purchase is putting the most pressure on your budget?

Tell Meegan what costs too much Explore Meegan's priorities

Sources: Joe Moss's campaign website; Yale Budget Lab, August 24, 2026; New York Fed research, August 2026. The question asks about Moss's tariff position; it does not attribute federal tariff decisions to him.