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Why US consumers will pay for over half of Trump tariffs this year: Goldman Sachs estimate

Why US consumers will pay for over half of Trump tariffs this year: Goldman Sachs estimate

American consumers will shoulder 55% of tariff costs, while US companies will take on 22% and foreign exporters will absorb 18% by slashing prices on their goods, economists including Elsie Peng and David Mericle wrote in the note.

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