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The year modern-era
tariff rates peaked,
at a rate of 19.8%
1933
Donald Trump’s proposed tariff plan would bring
the tariff rate to 20% — higher than the peak of the
7
Rather than ensuring that America continues to set the example as the most prosperous country in the world, Donald Trump is looking to countries like Eswatini, St. Lucia, the Solomon Islands and the Philipines as an example.
$1,500
The estimated cost of a 10% flat tariff rate for the average American family, according to analysis done by Brendan Duke at the Center for American Progress.
NOT THE
PRESIDENT
CONGRESS SHOULD SET TARIFFS
Under Article I, Section 8 of the United States Constitution, Congress is explicitly given the enumerated power to “lay and collect Taxes, Duties, Imposts, and Excises” — Yet, because Congress has ceded this power to the president, President Trump will attempt to use executive authority to set extreme tariff rates on our allies and enemies alike.
President Trump’s Tariffs Violate a Basic Constitutional Principle.
58%
The amount of an average household’s annual income that was spent on food and clothing in the decade that President Trump wants to bring America back to - the 1890s.
Today, the typical American household only spends around 12% of their annual income on food and clothing - but Donald Trump’s extreme tariffs will all but ensure Americans spend more of their income on these necessities.