Trump's terrible tariffs: A double whammy for Americans

President Trump celebrated tax season in grand style last week when he handed Americans a big fat tax hike. Tariffs are taxes on imported products and Trump’s executive order is one of the biggest tax increases in recent American history.  

It’s essentially a national sales tax that consumers will pay on top of their local property, state sales and income and federal taxes. The Tax Foundation estimated that the terrible Trump tariffs will amount to an average tax hike of $1,900 annually for American households.