President Donald Trump’s sweeping tariff regime is already reshaping global trade and spiking government customs revenue. But these historic import taxes could also push more Americans into poverty, according to new research.
An analysis published by The Budget Lab at Yale on Tuesday finds Trump’s tariff hikes will likely increase the number of Americans living in poverty by 875,000 in 2026. This increase includes an additional 375,000 children in poverty.
Changing the definition of poverty in 3…2…1…
They’ve been doing that for years by keeping the poverty line all but fixed at a certain income level while inflation makes everything more expensive with each passing year.