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American-Made Goods Also Got More Expensive Under Trump Tariffs, New Research Finds - NEW YORK TIMES POST

Summary by nytimespost.com
NEWYou can now listen to Fox News articles! Americans aren’t just seeing the price tag increase for imported goods. Thanks to President Donald Trump’s tariffs, they are now paying more for products made in the U.S.A., according to new research from the Federal Reserve Bank of New York. In fact, the research finds that prices [...]

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Although US President Donald Trump describes global tariffs as a gain for American consumers, federal data shows the opposite. According to a report published this month by the New York Federal Reserve (NY Fed), tariffs, first implemented in April 2025, increased the prices of various goods in the US, from grocery items to automobiles and furniture, by 2.9 percent until February 2026. Read more This section contains reference points related to t…

A study by the New York Fed revealed the impact of tariffs imposed by US President Donald Trump on consumer prices. It found that costs were passed on to consumers across many product categories, from clothing and food to automobiles and furniture.

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dunya.com broke the news on Tuesday, October 13, 2026.
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