Goldman Sachs: US Consumers Cover Over Half of Trump Tariff Costs
TL;DR
Goldman Sachs economists estimate that US consumers will bear over half (55%) of the costs of tariffs by the end of 2025, leading to increased prices and a projected inflation rate of 3% in December, as companies and foreign exporters adjust to trade restrictions implemented under President Trump's trade policies.
- Goldman Sees US Consumers Paying More Than Half of Trump Tariffs Bloomberg.com
- U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says NBC News
- US consumers shouldering 55 percent of Trump tariff costs: Goldman Sachs The Hill
- Goldman Sachs Report Blows Up Trump’s Key Tariff Claim The Daily Beast
- How Much Longer Will Consumers Tolerate Tariffs? Bloomberg.com
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