Donald Trump keeps insisting that American consumers aren’t the ones paying his tariffs, but those who aren’t complete buffoons understand that this is a lie. According to Wall Street bankers, American families are going to be paying at least $1,000 more per year thanks to Trump’s trade wars, and that’s just at the current rate. If he escalates further, that number could easily double. Ring of Fire’s Farron Cousins discusses this.

Farron Cousins is the executive editor of The Trial Lawyer magazine and a contributing writer at He is the co-host / guest host for Ring of Fire Radio. His writings have appeared on Alternet, Truthout, and The Huffington Post. Farron received his bachelor's degree in Political Science from the University of West Florida in 2005 and became a member of American MENSA in 2009. Follow him on Twitter @farronbalanced