The tariffs imposed by the Trump Administration pushed the price of imported goods higher by 21%, costing New York households an average of $4,200 a year and driving inflation nearly 52% above the decade-long average, according to a new state report.

The New York State Tariff Disruptions Report , released on Friday by Governor Kathy Hochul, found that tariffs have fueled price hikes across key sectors, from construction and agriculture to manufacturing and health care, threatening to undo years of job growth plus economic progress across the state.

Commissioned through a July 2025 directive from the Governor’s Office of State Operations, the report was led by Empire State Development and the Office of General Services, with input from agencies across multiple sectors. Their analysis d

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