NY Fed Report: USA Consumers Paid 90% of Trump's Tariff Costs
A New York Federal Reserve report revealed that 90% of the costs from Donald Trump's tariffs are paid by USA consumers and businesses, contradicting his previous claims.The House of Representatives voted to overturn levies on Canada as the Supreme Court prepares a ruling on the legality of the president's trade authority.Although the White House highlights strong economic growth and job gains, analysts estimate that the average household cost for these tariffs could reach $1,300 in 2026.
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