after United States Supreme Court Overturning President Donald Trump’s tariffs, the minority Joint Economic Committee has released a new report estimating the financial impact on American households.
Pay more than $1,700 per family
The updated report estimates that each American household has paid more than $1,700 in tariffs since Trump took office. The committee used tariff revenue data collected by the U.S. Treasury Department during the first year of Trump’s term. It also relies on independent estimates from the nonpartisan Congressional Budget Office to calculate the share of every dollar consumers pay in tariffs.
The report found that between February 2025 and January 2026, Americans paid more than $231 billion in total tariff costs. On average, this equates to more than $1,700 per household.
Senators call tariffs ‘disaster’ after Supreme Court ruling
U.S. Senator Maggie Hassan, ranking member of the Joint Economic Committee, criticized the tariffs and welcomed the court’s ruling.
“president trump card“Tariffs have been a disaster for American families, driving up costs at the worst possible time,” Hassan said. “While the Supreme Court correctly ruled that much of Trump’s tariff agenda was an unlawful exercise of presidential power, today’s ruling cannot undo the damage the tariffs have already caused.”
Also read: What is IEEPA? The heart of Trump’s Liberation Day tariffs is law
Supreme Court ruling
The U.S. Supreme Court on Friday rejected President Donald Trump’s sweeping tariff bill in a 6-3 decision. International Emergency Economic Powers Act (IEEPA) The president is not given the authority to impose tariffs.
The ruling, written by Chief Justice John Roberts, said the Trump administration’s interpretation of IEEPA would override the authority of Congress and break the “significant issues” doctrine, which requires major actions to be explicitly approved by Congress.
“The president must ‘point to Congress’ clear authorization’ to justify his extraordinary assertion of authority to impose tariffs,” Roberts wrote, adding, “He cannot.”
The court said the Constitution gives Congress, not the president, the power to impose taxes and tariffs and that Trump exceeded his authority.
