President Donald Trump's recent global tariffs, which the Supreme Court has questioned his power to impose, are raising billions of dollars for the federal government.

While the federal government may consider this a success, the tariffs are costing consumers, businesses and manufacturers money, according to Bob Badowski, chair of the school of business at Westminster College. 

"For consumers and businesses, right now, it's estimated that each individual consumer is going to spend an extra $1,200 this year and $1,600 next year," Badowski said.

Badowski also spoke about the estimation that the federal government will make $2.5 trillion over the next 10 years if the tariffs continue. 

"Those costs (from imported goods' rising prices) normally have to pass on to whoever buys the final product, and I think that's why we're seeing that extra money that we're spending every year," Badowski said. 

He stated to expect that a lot of grocery and electronic prices will rise, especially for those being imported. Badowski also said to expect a "higher than normal bill" for the holiday season. 

With the government shutdown continuing, Badowski said that businesses and consumers are more likely to hold onto their money and hold back on spending compared to before the shutdown.