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U.S. consumers absorb most of Trump’s tariffs costs, study finds
Consumers bear majority of cost from U.
A new analysis finds that U.S. consumers are bearing 55% of the burden from the country’s recent tariffs, with companies absorbing 22% and foreign exporters accounting for the balance. The results challenge claims that importers alone shoulder the cost. The report also suggests that inflation may rise toward 3%, complicating the Federal Reserve’s efforts to keep price growth near its 2% goal. Markets may factor this into inflation expectations and rate outlooks.