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[Report: US Consumers Bear Majority Of Tariff Costs, Equivalent To $1000 Tax Per Household] A New Report From The Federal Reserve Bank Of New York Indicates That American Consumers And Companies Bore Nearly 90% Of The Cost Of Tariffs Through Late 2025. This Cost Is Equivalent To A Tax Increase Of $1,000 Per Household In 2025, According To The Tax Foundation, With An Additional $1,300 Expected In 2026. The Tariffs Also Added Approximately 0.7 Percentage Points To The U.S. Inflation Rate, Contributing To Price Increases In Imported Goods Like Household Furnishings (3.8%), Furniture And Bedding (4%), And Dishes And Flatware (5%) Between January 2025 And January 2026.

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