U.S. Consumers to Shoulder Over Half of Trump’s Tariffs, Goldman Sachs Says
Goldman Sachs warns U.S. consumers will bear 55% of Trump’s tariffs this year, driving inflation up to 3% by December.
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Goldman Sachs warns U.S. consumers will bear 55% of Trump’s tariffs this year, driving inflation up to 3% by December.
Americans are preemptively stocking up on essentials like furniture, electronics, and alcohol ahead of Trump’s new tariffs amid fears of price hikes and supply-chain disruptions.