The Economic Impact of the Opioid Crisis and Trump's Tariffs on Fentanyl

A study by the Council of Economic Advisers revealed that the opioid crisis cost the U.S. $2.7 trillion in 2023. President Trump is using tariffs on Canada, Mexico, and China to combat the flow of fentanyl into the U.S. The study highlighted the economic impact of opioid-related loss of life, loss of quality of life, loss of labor force productivity, crime, and healthcare costs.