U.S. consumers bearing more than half the cost of tariffs Goldman Sachs says

I don't see how its as LOW as 55% tbh. I think this is what they can show, the real figure is north of this.

They’re consumption taxes that increase the cost of goods. Perhaps training consumers to consume less isn’t the optimum strategy in a consumer economy.

And along with the current difficulty shipping to the us, they’re training foreign companies to look elsewhere.