Goldman Sachs: U.S. consumers bearing more than half the cost of Trump's tariffs

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131,722

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5,488

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186,999

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4:54

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President Trump's new tariffs on imported lumber and furniture are going into effect today. A new report from Goldman Sachs finds that U.S. consumers are bearing more than half the cost from the tariffs so far. Director of Economics at the Budget Lab at Yale University Ernie Tedeschi joins Erielle Reshef to break down the impact on Americans. For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc » Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc » Subscribe to MSNBC on Instagram https://www.instagram.com/msnbc Download our new MSNBC app for the latest breaking news and daily headlines at a glance: https://www.msnbc.com/information/download-msnbc-app-n1241692 Follow MSNBC Show Blogs MaddowBlog: https://www.msnbc.com/maddowblog MSNBC delivers breaking news, in-depth analysis of political headlines, commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, The Briefing with Jen Psaki, Morning Joe, The Beat, Deadline: White House, The Weeknight, All In, The Last Word, The 11th Hour, and more. Connect with MSNBC Online Visit msnbc.com: https://www.msnbc.com/ Subscribe to the MSNBC Daily Newsletter: https://link.msnbc.com/join/5ck/msnbc-daily-signup #trump #politics #tariffs