Yes Virginia, consumers pay for tariffs
“On October 6, the Federal Reserve Bank of New York published an article to its Liberty Street Economics blog that included a chart showing that President Donald Trump’s tariffs directly led to a higher inflation rate and that without those tariffs, consumer goods prices would have declined. Through October 7, most major news organizations had failed even to mention this research yet.”
https://www.mediamatters.org/tariffs-trade/new-york-fed-research-found-if-not-trumps-tariffs-goods-prices-would-have-declined
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