Who Pays for Tariffs? Consumers Foot the Bill
Update: 2025-10-14
Description
New tariffs on furniture and lumber are here, and Goldman Sachs says American consumers are footing the bill! A new report estimates U.S. shoppers will cover 55% of the costs by year's end, potentially rising to 70% next year. Is this just a transition period as the White House claims, or will families continue to bear the brunt? Companies are already shifting supply chains to dodge the tariffs, making the long-term impact on your wallet uncertain.
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