U.S. Consumers Bear Brunt of Trump Tariffs, Analysis Reveals
Goldman Sachs analysis shows U.S. consumers bear over half the cost of Trump-era tariffs, with prices rising on both imports and domestic goods.
News & Insights Across Asia
Goldman Sachs analysis shows U.S. consumers bear over half the cost of Trump-era tariffs, with prices rising on both imports and domestic goods.
Japanese expert Seijiro Takeshita criticizes U.S.-Japan trade deal, arguing consumer preferences – not tariffs – drive auto market dynamics in Asia-Pacific economic relations.
U.S. GDP grew at an annual rate of 3.1% in Q3 2024, up from a previous estimate of 2.8%, signaling stronger-than-expected economic activity, according to the BEA’s final estimate.