US Consumers Bear 95% of Tariff Costs, Federal Analysis Shows

American consumers and businesses absorb approximately 95% of tariff costs, with foreign exporters bearing only 5%, according to the Congressional Budget Office’s February 2026 economic outlook. The nonpartisan agency’s analysis of tariffs implemented through November 2025 projects that foreign exporters will reduce prices by an amount equivalent to 5% of the tariff rate increases, based […] The post US Consumers Bear 95% of Tariff Costs, Federal Analysis Shows appeared first on the deep dive.