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Open original source ↗Trump’s tariffs made American-made goods more expensive too, per New York Fed research highlighted by Fox News.
Tariffs added about 2.9 percentage points to consumer goods inflation by early 2026.
About two-thirds of that came from imports. But roughly one-third came from products made in the U.S., as American manufacturers paid more for imported parts and materials.
Without the tariffs, prices on many everyday goods would have actually fallen.