https://www.bbc.com/news/articles/c78x9256pn7o
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Costs from Trump's tariffs paid almost entirely by US consumers, NY Fed says
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One might wonder what almost entirely means...
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The New York Fed found that 90% of the cost ofincreased tariffs, which Trump imposed on goods from Mexico, China, Canada and the European Union, was paid for by companies and often passed on to shoppers.
"US firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."
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Another Trump lie shredded
