Americans Are Paying Trump’s Tariff Tax

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For more information, please contact AAF Policy Director John Shelton at jshelton@advancingamericanfreedom.com

Americans Are Paying Trump’s Tariff Tax

TOPLINE: Despite economically illiterate claims by the Trump Administration, American companies and families are bearing the brunt of President Trump’s Tariff Tax.

American Companies and Estimated Annual Cost of Tariffs Company Estimated Tariffs Company Estimated Tariffs Colgate $200 million Whirlpool $400 million John Deere $600 million Boeing $500 million General Electric $500 million General Motors $1.1 billion Hershey $400 million Nike $1 billion Goodyear $350 million Tesla $300 million Harley-Davidson $175 million Ford $2 billion President Trump’s Tariff Tax is Hammering American Manufacturing: • The Trump Administration told us that tariffs would bring back American manufacturing jobs.

o REALITY CHECK: 33,000 Americans have lost their manufacturing jobs since

January 2025 • Meanwhile, the Bureau of Labor Statistics just revised the jobs created from April 2024- March 2025 DOWN by 911,000. Washington Lobbyists are Winning While American Families are Losing.: • Goldman Sachs reports that American businesses and families have paid 86% of tariffs. • 39% of Americans report purchasing less because of tariffs. Meanwhile, tariff lobbying revenue is up 599% year over year and 834% compared to pre-Trump levels. • Tariff lobbying disclosures increased 233% year-over-year.

o Dig Deeper: AAF Tariff Lobbyist Report Court Report: Trump Administration asks Supreme Court to Rule Quickly: • The Federal Circuit Court of Appeals recently upheld the decision of the Court of International Trade that the President’s tariffs exceeded powers granted to him by the International Emergency Economic Powers Act (IEEPA). • The Trump Administration has appealed the decision and requested that the Supreme Court expedite the case. • If the Supreme Court “rocket dockets” the case, we could have a decision as early as

November. BOTTOMLINE: American families and American companies are bearing the cost of

President Trump’s tariff tax, all while The Swamp is feasting at the tariff lobbying trough and the Supreme Court may rule the entire process illegal and unconstitutional.