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Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs
"We stand by the results of this study,” Goldman economist David Mericle told CNBC's Squawk on the Street on Wednesday.
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fortune.com
Trump said foreign countries would 'eat' tariffs—but U.S. consumers and businesses will actually pay 75% at best
Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on in the future.
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telegraph.co.uk
Trump tells Goldman Sachs boss to stick to DJing
Wall Street bank warned that tariffs would hit American consumers in the pocket
