Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims

https://www.nytimes.com/2026/02/12/business/economy/americans-pay-tariffs-trump-fed.html?unlocked_article_code=1.LlA.XPXK.vPolYhOnydsr

Research from the New York Fed confirms that U.S. companies and consumers are bearing tariff costs, despite the president’s assertions otherwise.

180 points · 11 comments · view on lemmy.world

11 Comments

CorrectAlias@piefed.blahaj.zone · 30 pts · 210d

Duh? That's literally what a tariff is in this case?

dmtalon@infosec.pub · 23 pts · 210d (2 replies)

Additional information from my own research. The sky is blue

deliciEsteva@piefed.world · 8 pts · 210d (1 reply)

people say water is wet. Many people say that.

dmtalon@infosec.pub · 3 pts · 210d

I too have seen that during extensive research

YurkshireLad@lemmy.ca · 7 pts · 210d (1 reply)

It's still Biden's fault.

Flying_Penguin@lemmy.zip · 4 pts · 209d

Thanks, Obama.

homesweethomeMrL@lemmy.world · 6 pts · 210d

But what about these nazis? Can they be trusted??!?

Rentlar@lemmy.ca · 4 pts · 209d

Despite Trump (or put any MAGA stooge here) asserting otherwise...

should always be replaced with

Despite Trump lying about it as usual...

tomiant@piefed.social · 3 pts · 209d

OH MY GOD WHEN DID THIS HAPPEN?!?

Steve@startrek.website · 2 pts · 210d

Duhhhhhhhh

the16bitgamer@piefed.ca · 2 pts · 209d

Fun part since the tariff is almost impossible to calculate before you buy it (state taxes and if it’s a Tuesday) most sellers just add a margins of error to your price.

So the tariff may only cost like $3.50 but you’ll be charged $5 + tax for it.