alt.hn

2/13/2026 at 2:19:29 PM

Consumers and businesses paid nearly 90% of Trump tariffs in 2025

https://www.cbsnews.com/news/trump-tariffs-consumers-business-nearly-90-percent-new-york-federal-reserve/

by loughnane

2/13/2026 at 2:34:37 PM

Of course they did.

The surprising part is that it hasn't resulted in more inflation. We just got new figures; inflation was 2.4% last month. For all of 2025, inflation was 2.7%.

Those aren't great numbers, of course, but they're not a crisis. It's actually slightly less than the 2.9% for 2024. (Admittedly, a number that was treated as a crisis at the time.)

TFA says a total of $285 billion was collected -- almost $1,000 per person. That's not a number that just gets lost in the wash. So why isn't it showing up in other numbers?

by jfengel

2/13/2026 at 2:46:46 PM

So why isn't it showing up in other numbers?

Possibly because the numbers are being cooked by a political appointee.

by jqpabc123

2/13/2026 at 7:03:34 PM

It's entirely possible. I haven't heard concrete accusations of them messing with these numbers, but they're clearly doing it with other numbers.

by jfengel

2/13/2026 at 2:22:37 PM

Which isn't a huge surprise given that's exactly what tariffs are designed to do...

by magicalhippo

2/13/2026 at 2:48:07 PM

No surprise either that this does not necessarily translate into an advantage for US business and consumers.

by jqpabc123

2/13/2026 at 7:24:46 PM

Stealth federal sales tax.

by burnt-resistor

2/13/2026 at 3:13:25 PM

A tax in but the name.

by cjbenedikt