politics @lemmy.world · 3 months ago

There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America

www.businessinsider.com

cross-posted to:
economics@lemmy.world

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There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America

www.businessinsider.com

vegeta@lemmy.world to

politics @lemmy.world · 3 months ago

cross-posted to:
economics@lemmy.world

The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date.

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ArmchairAce1944
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3 months ago
No shit. That’s what tariffs are supposed to do…

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