Trump Vs Goldman Sachs on who pays tariffs?
Edited By WION Video Desk
Published: Aug 13, 2025, 11:20 IST | Updated: Aug 13, 2025, 11:20 IST
U.S. President Donald Trump insists that consumers are not bearing the cost of tariffs imposed on imports from Mexico, Canada, and China. He contradicted a Goldman Sachs analysis showing that U.S. consumers had absorbed 22 percent of tariff costs by June, and that share could rise to 67 percent if current trends continue.
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