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By Anonymous User · February 13, 2026

US businesses and consumers pay 90% of tariff costs, New York Fed says  Financial TimesWho Is Paying for the 2025 U.S. Tariffs?  Liberty Street EconomicsCosts from Trump's tariffs paid almost entirely by US consumers, NY Fed says  BBCA year in, it’s official: Americans, not foreigners, are paying for Trump’s tariffs  CNNAmericans Are Paying the Bill for Tariffs, Despite Trump’s Claims  The New York Times