Goldman Sachs provides that 67% of the tariff values will be passed on to the US consumer

The Goldman Sachs bank has been doing a series of analysis of the impacts of Donald Trump’s tariff and its effects on the US consumer. According to the financial institution, 67% of tariff costs will be passed on to the US average buyer for next year.

The personal consumer expenses index – the indicator that measures the average variation of prices of goods and services in US families consumption, such as the IPCA – was 2.8% in June, and Goldman analysts predict that it will reach 3.2% in December.

They also estimated that, taking additional costs of the equation tariff, the index would reach only 2.4% in the same period. For now, bank analysts expect tariffs to affect indicator growth by 0.5%.

Companies like Apple reported a $ 800 million loss because of the rates, and the GM automaker recorded cost -related costs of over $ 1 billion in its last quarter results. Analysts hope that companies from now on, the companies will pay less than 10% of tariff costs. They also added that international exporters have assumed about 14% of these costs by June, but this rate may increase to 25%.

New rates on almost 70 countries came into force last week. But as President Trump has already shown that he was willing to change his mind abruptly about existing commercial agreements – as he did with Mexico and Canada – to understand exactly how much tariffs will impact the US and worldwide economy can turn out to be difficult.