Trump Tariffs Live Updates: Democrats Say Each American Household Has Lost $1,200; Trump Floats Additional Carveouts

We're keeping you up to speed on the latest developments surrounding the ongoing trade tensions and tariffs imposed by the US government. Today's updates are all about the financial impact of these tariffs on American households and potential new exemptions.

• According to Democrats, each household in the US has been hit with an additional $1,200 due to Trump's tariffs. This estimate is based on data from various industries that have seen significant price hikes as a result of the trade restrictions.
• In response to these claims, President Trump has indicated that his administration might grant some additional exemptions or "carveouts" for specific goods or companies. However, details about which items or entities would be affected remain scarce at this time.

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