US Consumers And Businesses Will Pay At Least 75%
Trump said foreign countries would ‘eat’ tariffs — but US consumers and businesses will pay 75% at best Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on in the future and foreign exporters refuse to “eat” the price hikes. The bank expects measures to lift core PCE […More]