特朗普关税由谁买单？高盛最新分析：美国消费者将负担超五成成本

Core Insights - Goldman Sachs economists report that by the end of this year, U.S. consumers will bear more than half of the costs associated with President Trump's tariff actions, specifically 55% of the tariff costs [1] - The report indicates that U.S. businesses will absorb 22% of the tariff costs, while foreign exporters will take on 18% through price reductions, and 5% will be avoided [1] - The economists note that due to the time required for price adjustments, U.S. businesses may currently be shouldering a larger share of the costs [1] Economic Impact - Tariffs have already caused a 0.44% increase in core personal consumption expenditure prices in the U.S. this year, with potential inflation rates rising to 3% by December, significantly above the Federal Reserve's 2% target [1] - Goldman Sachs has revised its expectations regarding the impact of tariffs, previously estimating that U.S. consumers would bear about 22% of the costs as of June, but now projecting this figure to rise to 67% [2] Political Response - The White House spokesperson stated that while U.S. consumers may face a transitional period due to tariffs, the ultimate cost will be borne by foreign exporters [1] - In response to the tariffs, businesses are diversifying and relocating supply chains, including moving production back to the U.S. [1] - President Trump has criticized Goldman Sachs for their previous predictions regarding market reactions and tariffs, asserting that they have been wrong in their assessments [3]