Claim: There will be a little disturbance for Americans because of tariffs
FACT CHECK: This is lacking context.
The Yale Budget Lab estimates that the tariffs could cost the average household up to $2,000 annually. Cars and car parts are big exports from Canada and Mexico, and tariffs could increase the cost of a new car by over $3,000 per vehicle on top of last year’s average new car price of $44,811, according to JP Morgan Research.
Most economists predict that prices, and therefore, inflation will go up, with consumers seeing higher prices for food, gasoline, clothes, shoes, toys and other household items.
-ABC News' Soo Youn





