纽约联储研究发现 2025年美国企业和消费者承担了近90%的关税成本

Core Insights - A new study by economists at the New York Federal Reserve indicates that nearly 90% of the economic burden from tariffs in 2025 will be borne by U.S. businesses and consumers [1] Summary by Categories Tariff Impact - Approximately 94% of tariff costs were passed on to U.S. businesses and consumers during the first eight months of the previous year [1] - By November, the share of the burden on foreign exporters slightly increased, with a 10% tariff corresponding to a 1.4% decrease in export prices, yet the pass-through rate remained high at 86% [1]