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Raising kids is costly; Tariffs will make it even more expensive

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Manage episode 477594608 series 2640651
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
When it comes to the cost of raising a child from infancy to the age of 17 in the United States – it's hard to settle on a precise figure.
There's one thing we do know – it's going to be expensive.
By some estimates, raising a kid, who was born in 2015, could cost a middle class family close to $320,000 over 17 years.
That money goes to childcare, healthcare, food, clothes, education, transportation, activities, toys, and a lot more. All of those things will be affected – one way or another – by the Trump administration's tariff policy.
And the companies that sell products geared at those raising kids – they're going to feel the pinch as well. One CEO argues it could even mean certain products will become unavailable.
Being a parent in the U.S. is already expensive. Slapping tariffs on the products kids use could make it more so.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at [email protected].
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
  continue reading

1599 episodes

Artwork
iconShare
 
Manage episode 477594608 series 2640651
Content provided by NPR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NPR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
When it comes to the cost of raising a child from infancy to the age of 17 in the United States – it's hard to settle on a precise figure.
There's one thing we do know – it's going to be expensive.
By some estimates, raising a kid, who was born in 2015, could cost a middle class family close to $320,000 over 17 years.
That money goes to childcare, healthcare, food, clothes, education, transportation, activities, toys, and a lot more. All of those things will be affected – one way or another – by the Trump administration's tariff policy.
And the companies that sell products geared at those raising kids – they're going to feel the pinch as well. One CEO argues it could even mean certain products will become unavailable.
Being a parent in the U.S. is already expensive. Slapping tariffs on the products kids use could make it more so.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at [email protected].
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
  continue reading

1599 episodes

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