New Delhi, Feb. 11 -- The financial impact of Trump's trade war is becoming clearer, as a new analysis of US Census data shows that states across the country where key midterm elections will take place this year have paid over $134 billion in tariffs from March 2025 to last November.
Overall, the US states paid a combined $199 billion in tariffs during this period, the data compiled by Trade Partnership Worldwide showed. This means politically important states alone accounted for a large share of the total bill, CNBC reported.
US President Donald Trump has called affordability a "Democratic hoax". In recent testimony before Congress, Treasury Secretary Scott Bessent also claimed that the tariffs "do not cause inflation".
Trump began im...
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