Americans, not other countries, paid Trump's tariffs in 2025

[Yo_Mama_Been_Loggin]

American consumers and companies paid nearly 90% of the cost of President Donald Trump’s tariffs through late 2025, according to a new report from the Federal Reserve Bank of New York.

The study adds to a growing body of evidence indicating American families pay a price for Trump’s import taxes, despite the president's assertion that the financial burden falls entirely on other countries.

Trump's tariffs equated to a tax increase of $1,000 per household in 2025, according to a Feb. 6 report from the nonpartisan Tax Foundation. Households are expected to pay another $1,300 in 2026.

The tariffs are the largest U.S. tax increase since 1993, according to the Tax Foundation analysis. Tariffs are a tax − but on whom?

https://finance.yahoo.com/news/americans-not-other-countries-paid-194205198.html

[Diamond_Dog]

1. Every MAGA should be forced to hear this.

[Henry203]

2. Tariffs are a regressive tax

Hitting poor people the most. It is just as they planned.

[samplegirl]

3. Damn straight'

[liberalla]

4. Yep! I wish this was understood by everyone!