Here’s what new tariffs will cost the average American household

The average American household will be down $1,000 per year thanks to the newest round of tariffs on Chinese goods, according to J.P. Morgan.

The firm estimates the average annual tariff cost per household will increase from $600 from the first two rounds of tariffs. The new tariffs are scheduled to begin Sept. 1 and in mid-December.

Source: https://www.cnbc.com/2019/08/19/heres-what-new-tariffs-will-cost-an-average-american-household.html?__source=twitter%7Cmain&fbclid=IwAR1URvTDrizEAuGPLeqm-VdVyByXeFh16RJH5JUXD5EaSeA6K5QqKGcbqsg