A year in, it’s official: Americans, not foreigners, are paying for Trump’s tariffs
- Posted on February 12, 2026
- By CNN
- 4 Views
A year in, it’s official: Americans, not foreigners, are paying for Trump’s tariffs
A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes them.
