Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best
Personal Finance
Fortune

Trump said foreign countries would ‘eat’ tariffs—but U.S. consumers and businesses will actually pay 75% at best

Why This Matters

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.

August 11, 2025
10:15 AM
5 min read
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FinancialBooklet Analysis

AI-powered insights based on this specific article

Key Insights

  • The Federal Reserve's actions could influence inflation expectations across sectors
  • Inflation data often serves as a leading indicator for consumer spending and corporate pricing power
  • Financial sector news can impact lending conditions and capital availability for businesses

Questions to Consider

  • How might the Fed's policy stance affect borrowing costs and economic growth?
  • What does this inflation data suggest about consumer purchasing power and corporate margins?
  • Could this financial sector news affect lending conditions and capital availability?

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