WASHINGTON – Following the Supreme Court’s decision today to overturn Trump’s tariffs, the Joint Economic Committee – Minority released an updated report estimating that American families have already paid more than $1,700 each in tariff costs since President Trump took office. Combining Treasury Department data on the amount of tariff revenue collected across the first year of Trump’s term with independent estimates from the nonpartisan Congressional Budget Office of the percent of each tariff dollar that is paid by American consumers, the Committee found that they paid more than $231 billion in total tariff costs between February 2025 and January 2026, an average of more than $1,700 per family.