US businesses and consumers shoulder the bulk of tariff cost burden, Goldman Sachs finds

foxbusiness.com/economy/us-businesses-consumers-shoulder-bulk-tariff-cost-burden-goldman-sachs-finds

A new analysis breaking down the passthrough of tariff costs finds that U.S. businesses and consumers are shouldering the majority of the cost at this point, rather than foreign exporters.
Goldman Sachs economists estimated that as of August, U.S. businesses were absorbing a net 51% of…

This story appeared on foxbusiness.com, 2025-10-21 12:00:22.
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