Costs from Trump’s tariffs paid almost entirely by US consumers, NY Fed says – BBC

Costs from Trump’s tariffs paid almost entirely by US consumers, NY Fed says – BBC

ByWirePaw
Costs from Trump’s tariffs paid almost entirely by US consumers, NY Fed says – BBC

The reaction from exporters in 2025 was essentially the same in 2018, when Trump imposed certain tariffs during his first term in office – the cost of goods for consumers rose, with little other economic impact recorded, the New York Fed said at the time.

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