India, Feb. 20 -- After the Supreme Court of the United States overturned President Donald Trump's tariffs, the Joint Economic Committee- Minority has released a new report estimating the financial impact on American families.

The updated report estimates that American families have paid more than $1,700 each in tariff costs since Trump took office. The committee used U.S. Treasury Department data on tariff revenue collected during the first year of Trump's term. It also relied on independent estimates from the nonpartisan Congressional Budget Office to calculate what share of each tariff dollar is paid by consumers.

The report found that Americans paid more than $231 billion in total tariff costs between February 2025 and January 2026....