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U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says
(www.nbcnews.com)
Only 55%?
this post was submitted on 13 Oct 2025
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The large retailers were trying to hide the price increases initially.
All the neo-liberals and conservatives who voted against Bernie deserve this.
Right, Bernie would have come in and what, magically persuaded congressional Republicans to support all his programs and initiatives?
You probably don't even realize that 90% of Obama and Biden's perceived failures in office were due to massive opposition by elected Republicans.
Like, ObamaCare was originally supposed to have a single-payer public option, but they couldn't get enough enough votes to pass it.
But you are talking like Bernie would have come in and what, Jedi Mind Tricked the Republicans into voting for single payer?? Incredible.
You will never, in a million years, make Bernie Bros understand that presidents have to have Congressional support to get things done.
They think he would have floated in on angel wings and waved a magic wand to fix everything. They lack the fundamental understanding of how our government does/doesn't work.
It's exactly the same with the fools that voted 3rd party. They honestly thought they could bring in a rando from a party with ZERO representatives in Congress and have them actually get things done.
These are not people who are comfortable using critical thinking skills.
Bruh ease up.
Bruh, "neo-liberals" and conservatives are not the only people being hurt by tariffs. That's something a right-wing troll says to make the Left look bad.
Literally no one said they were. You're arguing with your own assumptions. You gotta ease up. Chill.
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(12 replies)
Only? I would have expected them to take all, and a bit. Never let an opportunity to make some extra profit go to waste...
It's almost like Americans should have listened to every fucking economist in the country.
But Americans are stupid, so here we are.
What childhood enemy of Trump's is making kitchen cabinets and is now being punished?
The "National Security" implications of cabinetry are beyond me.
Who else would be bearing the costs? The government is profiting from them, foreign companies and individuals aren’t affected beyond a drop in purchasing power, and companies are just going to pass the costs on to the consumer.
foreign companies and individuals aren’t affected beyond a drop in purchasing power
Actually they are affected. Either their profit margins drop, or they drop trade with the USA completely.
But any of this still affects American consumers.
I have no doubt that Goldman Sachs have their numbers right, but not the implications and knock-on effects etc.
Their percent margin might drop, but there is no way they just eat say a 100 dollar extra tariff charge. They would charge 100 dollars more on the item(s). They make the same profit, consumer pays more. The only time this isn’t true, is if the consumer will not or cannot pay the extra 100 dollars for the product and the sale is lost. In such a case they may try to pay part of the tariff and not raise their costs to account for margin.
In practice I think many companies will actually charge more than the tariff to maintain percent margin.
So definitely affects US consumers and companies, but may not affect foreign companies really at all.
Yep. If consumers are only bearing some of the costs now, then inflation will continue.
And 6 months from now, it will be the full cost. They're just turning up the heat slowly enough that the frogs don't notice the difference.
This time, exporters are bearing some cost, along with U.S. businesses, who may actually be sparing consumers even worse price increases for the moment. [...] Businesses also might have accumulated inventory in advance of the tariffs setting in, allowing them to hold off on raising their retail prices more significantly.
In case you were curious about the remainder.
Tell your employers and demand a raise to compensate. Pass the buck until someone in the finance sector gives a shit.
The employers are hoping to replace nearly everyone but those in the C suite with AI.
Ironically, only the C suite could be replaced with AI.
100% this. They are usually so formulaic and have such little creativity, that I really think boards should have started there, rather than with other jobs. The problem is that C suite types sit on each others' boards....
"Hey boss, can I have more money?"
"No"
"Okay, bye"
I'm so broke rn that I'm rehoming most of my ducks. I'm only keeping 3 of the 8 that I have. I'll save like $60/month on feed with a smaller flock. That money won't go towards my savings, but to my mortgage payment which will go up by $40 starting in December.
Shit even your mortgages have import tariffs
Yep.
Fr tho, I think the issue is that my town is changing a lot of stuff and I think zoning is changing which is making property taxes go up. I'm pissed to say the least
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(16 replies)
Is the GOP play here to just keep manipulating the stock market with tariffs then remove them when the campaigns are in swing so they can say "look how we fixed the economy!!1!"
Which their base may or may not eat up depending on how bad their attention span are.
The other option is they have no plan and their just gonna keep grifting.
See? Americans actually do love high taxes and big government! Maybe Bernie should start talking about how Mexico’s gonna pay for universal healthcare! (And then just raise taxes)
Who does Goldman Sachs think is bearing the rest?
Obelix.
Whoa, are you saying not all companies were total loyalists to Taco and didn't just eat the cost of his egotistical fantasies?
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