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Consumers

How much did tariffs cost me as a consumer?

Quick answer

IEEPA and Section 301 tariffs added 7.5% to 25% to the cost of affected imported goods, primarily from China. On a $100 purchase, that means $7.50 to $25 in embedded tariff costs passed through as higher retail prices. Your actual exposure depends on what you bought, when, and from which retailers.

Detailed Answer

Tariffs on imported goods are paid by the importer at the border — but the cost does not stop there. Most importers pass tariff costs through to their wholesale and retail prices, meaning consumers ultimately bear the burden.

The math on tariff passthrough:

Section 301 tariffs on Chinese imports ranged from 7.5% to 25% ad valorem (based on the declared customs value). IEEPA tariffs imposed additional duties on specific categories. When an importer pays a 25% tariff on $100 worth of goods, that $25 in duty typically flows through the supply chain:

  • Wholesale markup: The importer's wholesale price increases to cover the tariff, often with an additional margin.
  • Retail markup: Retailers apply their standard markup to the higher wholesale price.
  • Consumer pays: By the time the product reaches you, the effective tariff cost can exceed the raw tariff rate due to cumulative markups.

Categories most affected:

  • Electronics and tech accessories
  • Clothing and textiles
  • Furniture and home goods
  • Toys and games
  • Auto parts
  • Industrial tools and equipment

How to estimate your exposure:

  • Review your purchase history from the tariff period.
  • Identify purchases from categories affected by Section 301 or IEEPA tariffs.
  • Apply a 7.5-25% estimate based on the product category.

The aggregate impact. Studies estimate that Section 301 tariffs alone cost U.S. consumers tens of billions of dollars annually in higher prices. Individual household impact varies widely based on spending patterns.

What you can do about it: Check whether your retailers participate in the consumer refund distribution program at tariffi.io. Participating retailers distribute a portion of their tariff refunds back to consumers who purchased affected products.

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