Americans Bear Nearly 90% of Costs for Trump’s 2025 Tariffs A major new study from the Federal Reserve Bank of New York has delivered a definitive blow to the claim that foreign countries are paying for U.S. import taxes. According to data released through late 2025, it’s American companies and families—not foreign exporters—who are picking up the tab.The report reveals that the financial burden of the Trump administration's trade policy has fallen squarely on the shoulders of the American public.💸 The $1,000 Tax on Your HomeThe numbers from the nonpartisan Tax Foundation show exactly how these tariffs are hitting your wallet:• 2025 Impact: The tariffs acted as a tax increase of $1,000 per U.S. household.• 2026 Forecast: That number is expected to climb to $1,300 per household this year.• Historical Scale: This represents the largest U.S. tax increase since 1993, driven primarily by rising costs for everyday goods.🛋️ Inflation at the CheckoutWhile the President has insisted that other countries would "eat" the cost of tariffs, the New York Fed found a 94% "pass-through" rate in early 2025. This means foreign exporters barely lowered their prices, leaving U.S. importers to pay the tax—and pass it on to you.• Household Goods: Prices for furniture and bedding rose 4% over the last year.• Kitchen Essentials: Dishes and flatware spiked by 5%.• The "Hidden" Inflation: Economists estimate that without these tariffs, the 2025 inflation rate might have dropped to 2.3% instead of sticking at 3%.THE DEBATE: Is the $1,000+ per year cost to your family worth the "economic leverage" the administration claims these tariffs provide? 🏛️🤔#TrumpTariffs #Economy2026 #Inflation #BreakingNews #TaxFoundation #NYFed #CostOfLiving
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