Goldman Sachs: Consumers Now Bearing Majority of U.S. Tariff Costs
Goldman Sachs economists now estimate that U.S. consumers will bear more than half of the total cost of tariffs, signaling a significant shift in the economic burden from firms to households. In a client note widely circulated Monday (Oct. 13), Goldman said that while consumers had absorbed about 22% of tariff-related costs as of mid-2025, … Read more