- NY Fed report says Americans pay for almost all of Trump’s tariffs Reuters
- Who Is Paying for the 2025 U.S. Tariffs? Liberty Street Economics
- Consumers and businesses paid nearly 90% of Trump tariffs in 2025, new analysis found CBS News
- Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims The New York Times
- US businesses and consumers pay 90% of tariff costs, New York Fed says Financial Times


