Americans are racing to prep for tariffs, but many aren’t ready — especially this group

The annual price tag on more tariffs could be over $1,200, by one estimateLast Updated: March 4, 2025 at 5:41 p.m. ETFirst Published: March 4, 2025 at 5:09 p.m. ETListen(7 min)The sweeping tariffs that President Donald Trump has been talking about since he was on the campaign trail are finally here, and they’re arriving at a tough time for many Americans. That’s according to surveys, earnings reports, rising credit-card bills and decreasing savings-rate data, which p