New data shows that states where key midterm elections races will take place paid over $134 billion in tariffs during 2025 as affordability issues mounted.

"The tariffs are an own goal," one economic expert said. "The claim that foreign countries pay these tariffs is a myth."

By David Lawder and Richard Cowan WASHINGTON, Feb 11 (Reuters) - The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance,

President Donald Trump’s tariffs are costing American households hundreds of dollars per year, according to new research. In a recent report on the “economic impact” of Trump’s signature trade policy,