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U.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs says
(www.nbcnews.com)
this post was submitted on 13 Oct 2025
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My coworker gave me the same spiel and keeps complaining about how the local shoprite is too expensive and she won't shop there anymore. My office is so hopped up on copium that I just don't bother anymore.
Ah this guy also just spent about USD750k on powersport toys this year, he won’t notice. But he might notice when his business gets hit because all their material comes from Germany… fingers crossed!
These are people who heard “trade deficit” and thought “deficit? That’s a bad word!”
We were getting a ton of stuff from other countries for cheap, meanwhile those countries either couldn’t afford our stuff or bought it at an absurd premium.
That is not supporting the other countries, it’s exploiting them.
The funny thing is, I’m like… Yeah, we should probably stop exploiting them. And in that sense, the tariffs are a good thing. Buuut the price of doing that is being paid disproportionately by working class people.
If it was more equitably implemented, I wouldn’t necessarily have a problem with a more tariff-based USA.