How Much Will Tariffs Cost You?
Calculate how new 2026 tariffs affect product prices. See the price increase on imports from China, EU, and other countries.
2026 Tariff Rates
The current tariff landscape as of 2026: China: Up to 145% on most goods (the highest tariff rate on a major trading partner in modern US history). Canada/Mexico: 25% on non-USMCA-compliant goods. EU: 20%. Japan/South Korea: 24%. All other countries: 10% baseline. These tariffs are added to the import cost before the retailer adds their markup — so a 50% tariff results in roughly a 50% increase at the wholesale level, passed through to consumers.
How Tariffs Affect Consumer Prices
Tariffs are paid by the importing company, not the foreign manufacturer. The importer passes the cost to retailers, who pass it to consumers through higher prices. A $100 product from China with a 145% tariff costs $245 at wholesale. With a 50% retail markup: $367.50 retail vs $150 without tariffs. The consumer pays $217.50 more — a 145% price increase that flows through the entire supply chain.
The Peterson Institute estimates that 2025-2026 tariffs will cost the average US household $1,200-3,800 per year in higher prices. The most affected categories: electronics (largely made in China), clothing, toys, furniture, and auto parts. Groceries are less affected because most US food is domestically produced.
