U.S. Consumers Foot the Bill for Trump’s New Tariffs
Goldman Sachs analysis reveals U.S. consumers are bearing 55% to 70% of President Trump’s new furniture and lumber tariffs through rising prices.
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Goldman Sachs analysis reveals U.S. consumers are bearing 55% to 70% of President Trump’s new furniture and lumber tariffs through rising prices.
With steel and aluminum tariffs doubled to 50%, American consumers are feeling the squeeze. Explore how higher costs at checkout tie into the wider trade war.
China’s response to Trump’s 10% tariff on Chinese goods may mean higher prices for Americans. Learn what experts are saying.