13-February-2026
Subscribe   |   Unsubscribe   |   Forward to a Friend   |     
Economy News
 
NY Fed Report Says Americans Pay for Almost All of Trump's Tariffs
13-Feb-2026

Americans are shouldering almost all of President Donald Trump’s import tax surge, a report from the Federal Reserve Bank of New York said on Thursday. The bank said 90% of the tariffs imposed by the president on imported goods are borne by American consumers and companies. The report pushes back against the Trump administration’s argument that the levies are paid by foreigners.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-12/ny-fed-report-says-americans-pay-for-almost-all-of-trumps-tariffs