Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN SUBSCRIBE | FastCo Works An analysis out this week from the Budget Lab at Yale University found the Trump administration's new 2025 tariff hikes will increase the number of Americans living in poverty by somewhere between 650,000 and 875,000 in 2026—that's 0.2% to 0.3% of the U.S. population—including some 150,000 to 375,000 children. "Because tariffs directly reduce the purchasing power of low-income households (either by decreasing nominal ...