WA could lose billions in revenue from Trump's tariffs, new report says

Washington’s grocery prices could grow more than 16% if President Donald Trump’s proposed tariffs are allowed to continue, predicts a new state report released Thursday.

So if a family now pays $6,000 per year on groceries, their spending could increase to about $7,000 in 2027 if the president’s signature import taxes remain in effect, according to the analysis prepared by the state’s Office of Financial Management.

Gov. Bob Ferguson shared the findings in a press conference Thursday at hunger relief organization Northwest Harvest’s south Seattle community market.

“There is no scenario in which these tariffs are good for Washingtonians, and don’t be fooled by the administration, Washington’s working families and businesses and the state will bear the cost of these tariffs,” Ferguson said.

https://washingtonstatestandard.com/2025/09/04/wa-could-lose-billions-in-revenue-from-trumps-tariffs-new-report-says/