New Photo - NFL Hall of Fame Game: Trey Lance leads Chargers to win over Lions in strong showing

NFL Hall of Fame Game: Trey Lance leads Chargers to win over Lions in strong showing Kari AndersonAugust 1, 2025 at 10:04 AM The NFL preseason kicked off a little early, as the Los Angeles Chargers and Detroit Lions faced off in the Hall of Fame Game in Canton, Ohio, on Thursday.

- - NFL Hall of Fame Game: Trey Lance leads Chargers to win over Lions in strong showing

Kari AndersonAugust 1, 2025 at 10:04 AM

The NFL preseason kicked off a little early, as the Los Angeles Chargers and Detroit Lions faced off in the Hall of Fame Game in Canton, Ohio, on Thursday. The Chargers picked up an easy 34-7 win behind a stellar performance from backup quarterback Trey Lance.

Lance, a former third overall pick who has spent most of his career as a backup, put together a strong performance in Thursday's win where neither team played their starters. The 25-year-old quarterback played the first three quarters of the game, going 13 of 20 for two touchdowns and 120 yards.

The game began with a tribute to the four members of the Pro Football Hall of Fame's Class of 2025: tight end Antonio Gates, defensive end Jared Allen, cornerback Eric Allen, and receiver Sterling Sharpe. Gates, as a player who spent his entire career with the Chargers, received the biggest cheer from the crowd.

The Pro Football Hall of Fame Class of 2025 👏(via @NFL) pic.twitter.com/04cFVwVzWX

— Yahoo Sports (@YahooSports) August 1, 2025

After that, the stadium held a moment of silence for this week's attack on the NFL's headquarters in New York. Four people, including an off-duty police officer, were killed in the shooting.

Then, it went to the game, where Los Angeles got off to a scorching start. The Lions fumbled away the opening kickoff, giving Los Angeles a huge early chance. Though Detroit's defense forced a fourth down, Lance connected with Will Dissly to give the team a 7-0 lead.

TREY LANCE THROWS A TOUCHDOWN ON 4TH DOWN IN THE FIRST DRIVE OF THE GAME 🔥Chargers strike first ⚡️(via @chargers)pic.twitter.com/P4nykJcl0k

— Yahoo Sports (@YahooSports) August 1, 2025

Chargers cornerback Nikko Reed, an undrafted rookie out of Oregon, also showed his talents early on with an interception of Detroit reserve quarterback Kyle Allen in the first quarter. Reed ran the ball back for 60 yards, getting L.A. to the 6-yard line to set up a Kimani Vidal touchdown run. That gave the Chargers a 14-0 lead.

Allen was picked off again, by Tony Jefferson, before the end of the first quarter. The eighth-year backup ended 9 of 14 for 91 yards in the loss.

Nikko Reed almost took this pick to the house 💪⚡️(via @chargers)pic.twitter.com/4poVtQLKUi

— Yahoo Sports (@YahooSports) August 1, 2025

Detroit finally broke through in the second quarter, with a drive that ended with running back Craig Reynolds barreling his way into the end zone. But Lance was able to throw another touchdown, this time to rookie KeAndre Lambert-Smith, before the end of the half.

After halftime, L.A. kept things going on offense, with head coach Jim Harbaugh opting to keep the red-hot Lance in for a bit longer. Chargers kicker Cameron Dicker, who missed his first field goal attempt, made his second and third to give L.A a 27-7 lead in the third quarter.

Lions rookie Hendon Hooker replaced Allen at QB in the second half of the game, going 3 of 6 for 18 yards. Rookie DJ Uiagalelei eventually stepped in for Lance in the fourth quarter, and completed 2 of 3 attempts for 25 yards.

With the fourth quarter underway, Vidal ran in for another touchdown to bring the Chargers' score to 34-7.

RB Kimani Vidal gets his second rushing TD 💪(via @NFL)pic.twitter.com/GEFaB8Y5Fi

— Yahoo Sports (@YahooSports) August 1, 2025

Then, Los Angeles rookie cornerback Myles Purchase had a great interception, picking off Hooker to force the Lions' fifth turnover and finish off the game.

As preseason provides a chance for teams to test out different players and schemes, the NFL was also trying new things, introducing the league's new virtual measurement system on a (relatively obvious) first down in the second quarter.

But it was a great showing for Lance, who was able to show flashes of the brilliance that led to him being a top-three pick in the first place. Lance took a good first step in earning the Chargers' backup job behind Justin Herbert.

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NFL Hall of Fame Game: Trey Lance leads Chargers to win over Lions in strong showing

NFL Hall of Fame Game: Trey Lance leads Chargers to win over Lions in strong showing Kari AndersonAugust 1, 2025 a...
New Photo - PHOTO ESSAY: Polaroids capture Chicago Cubs vs. White Sox 'Crosstown Classic'

PHOTO ESSAY: Polaroids capture Chicago Cubs vs. White Sox 'Crosstown Classic' ERIN HOOLEY August 1, 2025 at 5:47 PM 1 / 18Cubs White Sox Polaroids Photo EssayRate Field is seen during a Chicago Cubs versus Chicago White Sox Crosstown Classic series baseball game Sunday, July 27, 2025, in Chicago.

- - PHOTO ESSAY: Polaroids capture Chicago Cubs vs. White Sox 'Crosstown Classic'

ERIN HOOLEY August 1, 2025 at 5:47 PM

1 / 18Cubs White Sox Polaroids Photo EssayRate Field is seen during a Chicago Cubs versus Chicago White Sox Crosstown Classic series baseball game Sunday, July 27, 2025, in Chicago. (AP Photo/Erin Hooley)

CHICAGO (AP) — A fierce rivalry between Chicago's North and South Siders comes to life each summer during the " Crosstown Classic," when the Cubs and White Sox face off in their home stadiums.

This unique series is loaded with team history and memories for both sets of fans, who hail from the North and South Sides respectively.

Polaroids convey nostalgia, and nothing says nostalgia quite like baseball. The film format requires a level of intimacy not often seen in modern photo coverage of baseball games, when speed and instant images are prioritized.

Many people were excited by the camera's familiar boxy case, the distinctive sound of the photos sliding smoothly out.

"Is that a Polaroid?" they ask. "I haven't seen one of those in forever."

Shooting with a Polaroid requires patience, planning for the right moment. You need the right light and direct interaction with the subject. The result takes several minutes to appear, often with a soft or slightly faded focus.

The experience reflects baseball in many ways. Major League Baseball was officially established 149 years ago, but the methodical work it takes to win, team traditions and a personal connection to the game are what keeps many fans engaged season after season.

Outside the White Sox home stadium, Rate Field, fans are allowed to grill, drink, play games and socialize in a sea of parking lots surrounding the park. Over the rivalry weekend, White Sox and Cubs fans mingled under the sometimes brutal July sun.

Flory Aquino, wearing Sox gear, and Kristina Willer, in Cubs gear, played beer pong together before a game. They said they are "friends before anything."

"We just have a good time, that's it, you know?" said Aquino. "And actually, it doesn't matter what team it is. They're both from Chicago, and we just come out here to have a great time."

Inside the park, too, Polaroids made a memory tangible — a single image that can be seen and held instantly. There's no negative, no possible way to replace it.

Aylin Servin, 8, and her father Aldo took pictures together behind a giant "Chicago" sign inside the ballpark, the city skyline in the background.

The elder Servin said while he is a long-time Cubs fan, his daughter picked the White Sox. She was attending her first baseball game ever.

The images also capture the White Sox fan base's recent embrace of their most famous member — Pope Leo XIV. Born Robert Prevost on Chicago's South Side, the new pope attended Game 1 of the 2005 World Series sweep of the Houston Astros.

A fresh mural memorializes that moment. And there are T-shirts and other merchandise nodding to the famous fan sold everywhere.

Tom Dermody has been a security guard at the park for the last 14 years and remembers many a Crosstown Classic. He's got a positive view of his job and the fans he interacts with. But he admits the stickier moments are hard to forget.

"Almost three years ago today, I broke up a fight out in the left field bleachers on a Sunday and wound up tearing, completely tearing my rotator cuff," he said. "I found out later on, it was an irate Sox fan that threw a beer on a Cubs fan and the whole section went up for grabs.

"It looked like a food fight from one of John Belushi's movies," he reminisced.

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PHOTO ESSAY: Polaroids capture Chicago Cubs vs. White Sox 'Crosstown Classic'

PHOTO ESSAY: Polaroids capture Chicago Cubs vs. White Sox 'Crosstown Classic' ERIN HOOLEY August 1, 2025 a...
New Photo - Favorites emerge to land disgruntled Commanders WR Terry McLaurin

Favorites emerge to land disgruntled Commanders WR Terry McLaurin Field Level MediaAugust 1, 2025 at 1:30 PM Dec 22, 2024; Landover, Maryland, USA; Washington Commanders wide receiver Terry McLaurin (17) celebrates after catching a touchdown pass against the Philadelphia Eagles during the second qua...

- - Favorites emerge to land disgruntled Commanders WR Terry McLaurin

Field Level MediaAugust 1, 2025 at 1:30 PM

Dec 22, 2024; Landover, Maryland, USA; Washington Commanders wide receiver Terry McLaurin (17) celebrates after catching a touchdown pass against the Philadelphia Eagles during the second quarter at Northwest Stadium. Mandatory Credit: Geoff Burke-Imagn Images (Geoff Burke-Imagn Images)

A pair of AFC teams quickly emerged as the strong favorites to vie for wide receiver Terry McLaurin if the Washington Commanders grant his trade request that was reported by multiple outlets Thursday.

The Commanders are the odds-on favorite to retain McLaurin at -250 at DraftKings. But the book is also offering odds on the 31 other NFL franchises, led by the New England Patriots at +450 and the Las Vegas Raiders at +500.

The next-shortest odds belong to the Los Angeles Chargers and Tennessee Titans at +1100 each.

The Patriots signed veteran Stefon Diggs to a three-year, $69 million contract this offseason, but the 31-year-old is coming off an ACL injury that ended his 2024 season. Beyond him is a slew of veterans including DeMario Douglas, Mack Hollins, Kendrick Bourne and Kayshon Boutte, but McLaurin would provide a significant upgrade to pair with Diggs.

The Raiders could likewise benefit from a proven playmaker to aid veteran quarterback Geno Smith. Their depth chart is currently topped by Jakobi Meyers, Tre Tucker and Dont'e Thornton Jr., with second-year tight end Brock Bowers the clear No. 1 threat in the passing game.

The big question remains whether the Commanders would entertain parting with McLaurin as they prepare for a 2025 season in which they are expected to be a significant threat in the NFC.

Washington added veteran wide receiver Deebo Samuel over the offseason, but McLaurin remains the No. 1 wideout among a group that also includes Noah Brown and Michael Gallup.

CONTRACT STALEMATE?

Frustrated by the lack of progress in negotiations toward a contract extension, McLaurin sat out the first four days of training camp before reporting on Sunday. After reporting, he can no longer be fined $50,000 per day.

McLaurin, who turns 30 in September, became a hold-in and was placed on the team's physically unable to perform list with an apparent ankle injury suffered last season. He did not attend organized team activities and mandatory minicamp. He did, however, participate in spring workouts.

"You'd like to get these things done quicker, but it doesn't always happen that way," general manager Adam Peters said. "Whatever happens along the way, just understand he's a great player and we want to keep him here."

With a base salary of $15.5 million and cap hit of $25.5 million in the final season of a three-year, $68.3 million contract, the speedster is coming off a career year with 1,096 receiving yards, 13 touchdowns and 82 receptions on 117 targets. He added three scores and 227 yards on 14 receptions in three playoff games.

McLaurin and rookie quarterback Jayden Daniels helped lead Washington (12-5) to its best season since it won the Super Bowl in 1991. The Commanders knocked off the Tampa Bay Buccaneers in the NFC wild-card round and Detroit Lions in the divisional round before falling to the eventual Super Bowl champion Philadelphia Eagles in the NFC Championship Game.

Over six seasons with Washington, the two-time Pro Bowl selection (2022, 2024) has 6,379 receiving yards, 38 touchdowns and 460 catches in 97 games.

A team captain, McLaurin has hit the 1,000-yard mark for a franchise-record five straight seasons despite instability at the quarterback position before Daniels' NFL Offensive Rookie of the Year campaign.

--Field Level Media

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Favorites emerge to land disgruntled Commanders WR Terry McLaurin

Favorites emerge to land disgruntled Commanders WR Terry McLaurin Field Level MediaAugust 1, 2025 at 1:30 PM Dec 2...
New Photo - World Aquatics Championships 2025: Kate Douglass wins gold in 200m breaststroke, sets record

World Aquatics Championships 2025: Kate Douglass wins gold in 200m breaststroke, sets record Chris CwikAugust 1, 2025 at 10:33 PM Kate Douglass won the 200m breaststroke by more than a second.

- - World Aquatics Championships 2025: Kate Douglass wins gold in 200m breaststroke, sets record

Chris CwikAugust 1, 2025 at 10:33 PM

Kate Douglass won the 200m breaststroke by more than a second. (Photo by Sarah Stier/Getty Images) (Sarah Stier via Getty Images)

After a slow start, Team USA is surging back to prominence at the 2025 World Aquatics Championships. Kate Douglass was the latest member of the team to turn in a medal-winning performance, taking gold in the 200m breaststroke.

Douglass was excellent in the event, defeating second-place finisher Evgeniia Chikunova by more than a second. Douglass finished with a winning time of 2:18.50. That set a new championships record and a new American record, though did not set a new world record.

She came, she swam, she rewrote the record books! 💥Kate Douglass wins the 200m Breaststroke with a Championships Record to top it off! 📚🏊‍♀️#Swimming#AQUASingapore25pic.twitter.com/eqRSnXIExJ

— World Aquatics (@WorldAquatics) August 1, 2025

For now, Douglass will have to settle for beating the world-record holder. Chikunova holds that title after turning in a 2:17.55 performance back in 2023.

The win is more of the same for Douglass, who took home the gold medal in the 200m breaststroke at the 2024 Olympics. Though the breaststroke is one of her strongest events, Douglass had never won a gold at the World Championships in the 200m. She finished as the runner-up in both 2024 and 2023 in the event.

Douglass' medal gives Team USA five golds in swimming at the World Championships. That moves them into a tie with Australia, which also has five gold medals. Team USA does have the most medals of any team so far, with 20.

It's quite the comeback for Team USA, which battled acute gastroenteritis throughout the event. Multiple swimmers on the team pulled out of races due to the illness, or turned in disappointing performances.

That changed as the team got healthier. Gretchen Walsh, Katie Ledecky, Katharine Berkoff, Luca Urlando and Douglass all picked up golds to push Team USA back to the top after a slow start.

Americans don't medal in 4x200m freestyle relay

Team USA just missed out on a medal in the men's 4x200m freestyle relay Friday. The team finished with a time of 7:01.24, good for fourth place at the event.

Great Britain took home gold, turning in a time of 6:59.84.

When your anchor's got that closing power 💥Great Britain's golden finish was written in their reactions 🇬🇧✨Also a small cameo from 👀🇦🇺#AQUASingapore25#Swimmingpic.twitter.com/ajpCrzmhbZ

— World Aquatics (@WorldAquatics) August 1, 2025

China took silver with a 7:00.91 showing. Bronze went to Australia, which posted a 7:00.98 time.

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World Aquatics Championships 2025: Kate Douglass wins gold in 200m breaststroke, sets record

World Aquatics Championships 2025: Kate Douglass wins gold in 200m breaststroke, sets record Chris CwikAugust 1, 2...
New Photo - John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane'

John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane' Andrea ReiherAugust 1, 2025 at 10:49 AM Eugene Gologursky/Getty Images for Macy's, Inc. John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane' originally appeared o...

- - John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane'

Andrea ReiherAugust 1, 2025 at 10:49 AM

Eugene Gologursky/Getty Images for Macy's, Inc.

John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane' originally appeared on Parade.

Full House star John Stamos made a surprising announcement on Instagram on Thursday, July 31 — he is stepping in for Josh Gad in Jesus Christ Superstar at the Hollywood Bowl this coming weekend because Gad is sick and can't perform.

View this post on Instagram

A post shared by John Stamos (@johnstamos)

"Well… this weekend just got Biblical," wrote Stamos on Instagram. "I'm stepping in as King Herod in Jesus Christ Superstar at the @HollywoodBowl, starring the brilliant @cynthiaerivo. King @Joshgad unexpectedly got hit with COVID (feel better soon, brother!), and while I didn't push him down the stairs, I am grateful for the chance to step into the gold lamé. This is an honor. A dream. And also a little insane because… I just stepped off a plane from @thebeachboys tour in Spain and have less than 24 hours to pull this off. Wish me luck. And let's rock the Bowl. #JesusChristSuperstar #HollywoodBowl #KingHerod #SendCoffee #NoStairPushingInvolved."

In the comments, Jesus Chris Superstar co-star Zachary James wrote, "So happy to have you joining us! See you tomorrow!"

The production stars Cynthia Erivo as Jesus, James as Calaphas, Adam Lambert as Judas, Raul Esparza as Pontius Pilate, Phillipa Soo as Mary Magdalene and Milo Manheim as Peter.

RELATED: Beloved TV Star John Stamos Sends a Message to Taylor Swift and Sabrina Carpenter

As one fan wrote on Stamos' Instagram post, "Break a leg! Why do folks in California have all the luck with such an awesome cast!?"

Stamos is no stranger to singing in front of thousands of people. As he mentioned in his post, he has been performing with The Beach Boys this summer — in fact, he's been performing with them on and off for decades. He also has appeared on Broadway in How to Succeed in Business Without Really Trying, Cabaret, Nine and Bye Bye Birdie.

There are three Jesus Christ Superstar performances this weekend — 8 p.m. curtain times on Friday, August 1, and Saturday, August 2, and a 7:30 p.m. curtain on Sunday, August 3.

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John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane' first appeared on Parade on Aug 1, 2025

This story was originally reported by Parade on Aug 1, 2025, where it first appeared.

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John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane'

John Stamos Has 'Less Than 24 Hours' to Prepare For Unexpected Role: 'A Little Insane' Andrea Reih...
New Photo - Ex-Maroon 5 Bassist Mickey Madden's Wife Claims He Attacked Her After She Confronted Him Over Alleged Sexting with Teen Girls

ExMaroon 5 Bassist Mickey Madden's Wife Claims He Attacked Her After She Confronted Him Over Alleged Sexting with Teen Girls Madison E.

- - Ex-Maroon 5 Bassist Mickey Madden's Wife Claims He Attacked Her After She Confronted Him Over Alleged Sexting with Teen Girls

Madison E. Goldberg, Rachel DeSantisAugust 1, 2025 at 7:20 AM

Mauricio Santana/Getty

Micky Madden, the former bassist of Maroon 5

Catherine Blair Bowman, the wife of former Maroon 5 bassist Mickey Madden, is seeking a restraining order against him

Bowman wrote that she was "terrified" of him following an alleged physical assault

Bowman alleged that Madden assaulted her after she confronted him about "sexting with teenage girls"

Catherine Blair Bowman, the wife of former Maroon 5 bassist Mickey Madden, wrote that she was "terrified" of him in new court filings and alleged that he physically assaulted her after she confronted him about "sexting with teenage girls."

Bowman is seeking a restraining order against Madden, 46, in new documents filed in Los Angeles County Superior Court on Wednesday, July 30. The documents note that the musician is currently in a rehabilitation facility. A judge granted a temporary restraining order, effective until a court date scheduled for Aug. 20.

The restraining order also covers their two huskies, Toast and Jam. Bowman and Madden do not have children. The documents obtained by PEOPLE indicate the date of the alleged physical assault was July 21.

Dave J Hogan/Getty

Mickey Madden (second from left) with Maroon 5 in 2019 before his 2020 departure.

Bowman claimed that on July 21, she received a message from a teenage girl alerting her to Madden's alleged sexts with her. "I was extremely hurt and disturbed. I needed to understand what was going on between them," Bowman's statement read.

Bowman then described the alleged incident of assault in detail. "When he denied it, I asked him to hand me his phone," she wrote. "He would not hand me his phone, but I could see that he was quickly deleting the evidence from his phone."

After grabbing the phone and running out of the house, Bowman alleged that Madden "became enraged."

"He put both his arms around my body around my abdomen and arms to restrain me. He then slammed my body against the marble kitchen counter. I felt pain in my hip and waist area. He shoved me to the ground and was out of his mind. I landed on my knees. He kept screaming for me to give him the phone. He appeared literally insane to me. I had never seen such uncontrollable anger and a completely different person," Bowman's filing alleged.

The documents also allege that another incident of abuse took place on May 14. "He physically abused me. Extreme emotional harm. I'm now terrified of him," Bowman wrote.

https://ift.tt/8UcjsNm

In screenshotted text messages submitted in the request for a restraining order, Madden allegedly referred to the sexting as "A private and fake harmless fantasy" that had "No bearing on real life at all."

In the alleged text messages, Bowman wrote, "Mickey. I do not know the man who hires 18 year old prostitutes to text them about wanting to be their stepdad and rape them while we are on our honeymoon." Bowman then appeared to allude via text that she similarly experienced an abusive relationship with an older man as a teenager.

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Madden allegedly responded, "I am beyond sorry for my actions and for engaging in any form of expression of those impulses..it's all completely unacceptable. but I have to draw the line at that characterization of what I did ..This was entirely relegated to text..It's not excusable by any means but I have to make it clear that I would never act on any of that consensual fantasy talk."

In the documents obtained by PEOPLE, Bowman also alleged that Madden "withheld" sex from her after she expressed a desire to conceive a child together, and instead began sleeping with a "prostitute."

Madden left Maroon 5 in 2020, two weeks after an alleged incident of domestic violence. In June 2020, he was arrested on a felony charge in Los Angeles, according to jail records. He was released on the same day after posting his $50,000 bond.

In 2016, Madden was arrested for cocaine possession in New York City. He took a deal with prosecutors, agreeing to one day of community service.

A representative or direct contact for Madden could not be located at the time of publication.

If you are experiencing domestic violence, call the National Domestic Violence Hotline at 1-800-799-7233, or go to thehotline.org. All calls are toll-free and confidential. The hotline is available 24/7 in more than 170 languages.

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Ex-Maroon 5 Bassist Mickey Madden's Wife Claims He Attacked Her After She Confronted Him Over Alleged Sexting with Teen Girls

ExMaroon 5 Bassist Mickey Madden's Wife Claims He Attacked Her After She Confronted Him Over Alleged Sexting w...
New Photo - What Trump's Income Tax Plan Means for the Economy and Your Wallet

What Trump's Income Tax Plan Means for the Economy and Your Wallet Karen DoyleAugust 1, 2025 at 8:05 PM ©Francis Chung / Pool via CNP / SplashNews.

- - What Trump's Income Tax Plan Means for the Economy and Your Wallet

Karen DoyleAugust 1, 2025 at 8:05 PM

©Francis Chung / Pool via CNP / SplashNews.com

When President Trump shared that he was considering instituting a policy of tariffs that would lead to the elimination of the federal income tax during his last presidential campaign, it may have seemed economically far-fetched to many financial experts. However, from behind the desk in the Oval Office, it seems he's looking to keep some of the promises he made.

Learn More: Here's How Much Every Tax Bracket Would Gain — or Lose — Under Trump's 'Big, Beautiful Bill'

Find Out: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

From tariffs to the Big Beautiful Bill, many economic factors are coming home to roost. While the idea of eliminating income taxes sounds appealing to a lot of people, here's what replacing those taxes with tariffs could mean for the economy and your wallet.

Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move?

What Are Tariffs and How Do They Work?

A tariff is a tax that is levied on imported goods. It is typically used to increase the cost of foreign-made products, particularly those that come from countries that have significantly lower labor and materials costs, or those that allow unfair trade practices.

The effect of a tariff is to level the playing field for domestic companies who keep jobs local and are subject to the labor laws of the United States. Tariffs are paid to the U.S. government before foreign goods can be brought into the country. The additional cost incurred by the foreign manufacturer would then be passed on to the consumer in the form of a higher retail price.

Read Next: Trump Wants To Replace Income Taxes With Tariffs: 2 Impacts on the Middle Class

Trump's Tariffs So Far

The Trump administration has been working on implementing a series of tariffs on imported goods. Here are a few key takeaways on the situation as it currently stands:

The Trump administration introduced a 25% tariff on all steel and aluminum imports from around the world, which resulted in Canada and the EU introducing new tariffs of their own in return on U.S. goods. Some fear this could spark a global trade war costing billions of dollars.

Though there are some exemptions, Trump has also imposed 25% tariffs on imports from Mexico and Canada.

Tariffs targeting goods from Canada, China and Mexico linked to fentanyl production remain in effect, despite a court challenge. President Trump has threatened to impose International Emergency Economic Powers Act (IEEPA) tariffs on Canada, Mexico and China related to fentanyl; national security tariffs on autos, auto parts, steel and aluminum from all countries; and IEEPA tariffs on all countries related to an economic national emergency at a baseline rate of 10% with scheduled increases for more than 50 trading partners later in 2025.

The current baseline reciprocal tariff rate is 10%, but Trump has recently announced plans to raise it to 15 to 20%, yet this threat has yet to come to fruition.

Tariffs on Chinese goods were raised from 104% to 145% in April 2025, marking the highest rate so far this year.

Trump has implemented reciprocal tariffs aimed at equalizing trade relationships that will be in effect as of August 1, 2025.

Though not enacted, Trump has also threatened a 200% tariff on alcohol from EU countries unless those countries remove the 50% tariff on American whiskey.

The Impact of an All-Tariff Plan

If all imported products coming into the United States had increased tariffs, there would be short-term and long-term impacts. The short-term impact would be that prices would rise on all imported goods. Consumers could opt to either pay the higher price for the imported product or choose a domestic product, which would also typically have a higher price than the pre-tariff imported product.

No matter which choice the consumer makes, the price they would pay would be higher than the previous price of the imported product. So, overall prices will rise.

The longer-term effect would be a reduction in the quantity of foreign goods imported into the United States. The law of supply and demand tells us that when prices go up, demand goes down and this, after all, is the goal of the tariff — to reduce imports. There will be fewer imported goods available in the United States, which could also drive up prices overall.

The Impact of Substituting Tariffs for Income Taxes

The concept of replacing income taxes with the revenue from tariffs also has short- and long-term impacts. In the short term, the 'all-tariff' plan would act as a consumption tax — a sales tax on steroids, if you will. Because the cost of a tariff is passed on to the consumer, and consumer prices will go up, consumers are paying more for everything they buy.

This type of consumption tax affects lower-income consumers on a disproportionate basis. People who spend a higher percentage of their income on necessities — housing, utilities, food, clothing, etc. — would pay a higher amount in tariffs, relatively speaking. Those who spend less on necessities, or who earn income from investments, would pay less.

On a longer-term basis, the intended effect of a tariff is to reduce the amount of imported goods. So, the all-tariff plan might eliminate the need for income taxes in the short term, but if it works as intended, it should bring in less money over time. The current income tax system in the U.S. is designed to bring in more money over time, as incomes rise.

Keeping Up With the Joneses Under an All-Tariff System

Tax-weary consumers might think that replacing income tax with tariffs would be a good thing for them. The truth is, it will benefit the wealthy far more than the lower and middle classes.

Here's an example. Two families, the Smiths and the Joneses, each have the same monthly necessary expenses, except for their mortgages, of $6250, which adds up to $75,000 a year. (We'll exclude their housing costs from this exercise, since housing wouldn't be affected by a tariff.) The Smiths have an annual income of $150,000, which barely covers their expenses. The Joneses, on the other hand, have an annual income of $300,000, which allows them to easily cover expenses and put some money into savings. So, the Smiths are paying a higher percentage of their income on necessities.

Under a tariff-only plan, each family would pay the same amount — they have equal monthly expenses excluding housing, so the increase they would see from tariffs would be the same. Yet the Joneses have double the annual income of the Smiths.

Under the current progressive income tax system in the United States, a family earning $300,000 per year would pay more than a family making $150,000 a year. Replacing the income tax system with a tariffs-only system turns this on its head and shifts the burden from higher-earning households to those that earn less.

As appealing as eliminating federal income taxes might sound to middle- and lower-income taxpayers, an all-tariff system would benefit the wealthy to a far greater degree.

Caitlyn Moorhead contributed to the reporting for this article.

Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on GOBankingRates.com.

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What Trump’s Income Tax Plan Means for the Economy and Your Wallet

What Trump 's Income Tax Plan Means for the Economy and Your Wallet Karen DoyleAugust 1, 2025 at 8:05 PM ©Fran...

 

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