New Honest Arizona Report Shows Arizonans Paid More Under Tariffs

TUCSON — Honest Arizona has a new report showing the impact of costly tariffs on Arizona families and small businesses.

April 2 will be one year after President Trump imposed illegal cost-raising tariffs on goods coming from virtually every corner of the world. Since then, congressional Republicans have voted multiple times for tariffs that have raised costs, contributed to worsening inflation, and forced consumers and businesses to make tough decisions about how to save.

According to Honest Arizona's report:

“It remains to be seen how the ruling and new tariffs will affect prices for imported goods, but we can expect things to remain uncertain and volatile for the near future. Despite Trump’s repeated claims that the IEEPA tariffs would be paid for by foreign producers, American consumers and small businesses are the ones who have been feeling the largest impacts. In fact, Americans paid the vast majority of the $200 billion revenue from the tariffs in 2025 in the form of higher prices for apparel, video and audio products, motor vehicle parts, groceries, furniture, tools, hardware, and more – all told, 95% of 2025 tariff costs fell on consumers. According to a recent report from the Tax Foundation, tariffs cost the average American household roughly $1,000 last year alone. Arizonans paid $2.1 billion in tariffs in 2025. All of this is likely to fuel higher inflation over time. 

More and more businesses are reacting to the uncertainty of the current moment by raising prices on goods unaffected by tariffs. During the first Trump administration, after tariffs were raised on washing machines, the price of dryers also went up, even though they were unaffected by the tariffs. Non-tariffed goods are getting more expensive this time around too, with a significant share of businesses reporting that they’re raising prices on goods unaffected by tariffs.”

The full report is available online HERE.

The Spanish version is available online HERE.