cost

Goldman Sachs: Cost Of Donald Trump’s Tariffs Have Fallen ‘Entirely’ On U.S. Business And Households

Goldman Sachs said that the cost of President Donald Trump’s tariffs on Chinese goods has fallen “entirely” on American households and businesses, CNBC reports. The bank also pointed out that the overall impact on consumer prices has been larger than previously predicted. The analysis comes in the face of repeated incorrect statements by Trump that claim China pays for tariffs imposed by the United States. “One might have expected that… Read More »Goldman Sachs: Cost Of Donald Trump’s Tariffs Have Fallen ‘Entirely’ On U.S. Business And Households