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Gita Gopinath: US tariffs raise substantial revenues burden shifts to consumers

Gita Gopinath: US tariffs raise substantial revenues burden shifts to consumers
@GitaGopinath: US tariffs impact

Gita Gopinath reflected on the impact of the US tariffs introduced six months ago, questioning their accomplishments. She asserted that while these tariffs have raised significant revenues for the government, the burden has largely been absorbed by US firms and subsequently passed on to consumers. As a result, Gopinath indicated that the tariffs function similarly to a tax on domestic entities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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