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I appreciate your lying, Spanky

Posted on: August 12, 2025 at 12:04:48 CT

Ace UNC

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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 and foreign exporters refusing to “eat” the price hikes. The bank expects the measures to lift core PCE inflation (personal consumption expenditures) to 3.2% by year-end, adding pressure to the Fed’s 2% target.

Economist Elsie Peng wrote in a note yesterday seen by Fortune that Goldman believes exporters absorbed 14% of the costs of all tariffs in June, which will rise to 25% by October if the sanctions follow a similar trajectory to the price hikes administered by the Trump administration in his first term.

But the portion consumers can expect to pay is also on the rise. Peng noted that around 36% of the 2025 tariff costs were passed on to consumer prices after three months of implementation and around 67% were passed on after four months.

https://fortune.com/2025/08/11/trump-foreign-countries-eat-tariffs-pass-through-consumers/

Edited by Ace at 12:10:37 on 08/12/25

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MESSAGE THREAD

U.S. inflation was unchanged in July - Spanky KU - 8/12 11:21:39

I appreciate your lying, Spanky - Ace UNC - 8/12 12:04:48

All evidence to the contrary - Spanky KU - 8/12 12:38:27

You think corporations will eat the tariffs forever? - TigerMatt STL - 8/12 11:38:17

They did 2017-2020(nm) - Spanky KU - 8/12 11:54:50

link? (nm) - noodle MU - 8/12 12:33:53

inflation dropped(nm) - Spanky KU - 8/12 12:37:22

Muh tariffs(nm) - DollarSigns MU - 8/12 11:47:16

: Muh rapey pedophile - JG MU

- 8/12 12:35:45