Trump administration weighs tariff cuts
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The Trump administration considered easing U.S. steel and aluminum tariffs to lower consumer prices and protect U.S. firms after a New York Fed study found Americans bore most tariff costs.
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The New York Fed finds that "U.S. firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."
libertystreeteconomics.newyorkfed.org/2026/02/who-...
The New York Fed finds that "U.S. firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."
libertystreeteconomics.newyorkfed.org/2026/02/who-...
Who Is Paying for the 2025 U.S. Tariffs? - Liberty Street Economics
Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through No...
libertystreeteconomics.newyorkfed.org
February 13, 2026 at 8:50 AM
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The New York Fed finds that "U.S. firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."
libertystreeteconomics.newyorkfed.org/2026/02/who-...
The New York Fed finds that "U.S. firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025."
libertystreeteconomics.newyorkfed.org/2026/02/who-...
Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims www.nytimes.com/2026/02/12/b...
Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims
www.nytimes.com
February 13, 2026 at 12:37 PM
Americans Are Paying the Bill for Tariffs, Despite Trump’s Claims www.nytimes.com/2026/02/12/b...
by Chad P. Bown
AFFORDABILITY SCOOP: Trump administration is reportedly reviewing his 50% tariffs on steel and aluminum. Plans may be to exempt some items, halt expansion of tariffs, and launch more targeted national security probes into specific goods.
by @aimewilliams.bsky.social & @andybounds.bsky.social
by @aimewilliams.bsky.social & @andybounds.bsky.social
Trump plans to roll back tariffs on metal and aluminium goods
Latest softening of levies comes amid persistent voter anxiety about affordability in the US
www.ft.com
February 13, 2026 at 9:17 AM
AFFORDABILITY SCOOP: Trump administration is reportedly reviewing his 50% tariffs on steel and aluminum. Plans may be to exempt some items, halt expansion of tariffs, and launch more targeted national security probes into specific goods.
by @aimewilliams.bsky.social & @andybounds.bsky.social
by @aimewilliams.bsky.social & @andybounds.bsky.social
Reposted by Richard S.J. Tol
The incidence of US tariffs is mainly on American consumers / businesses, though it does look like exporters are absorbing more as time passes...
www.ft.com/content/c4f8...
www.ft.com/content/c4f8...
February 13, 2026 at 11:45 AM
The incidence of US tariffs is mainly on American consumers / businesses, though it does look like exporters are absorbing more as time passes...
www.ft.com/content/c4f8...
www.ft.com/content/c4f8...
"Officials in the Commerce Department and U.S. trade representative’s office believe the tariffs are hurting consumers by raising prices for goods including pie tins and food-and-drink cans, the FT report said."
www.reuters.com/world/us/tru...
www.reuters.com/world/us/tru...
Trump plans to roll back some tariffs on steel and aluminium goods, FT reports
U.S. President Donald Trump plans to scale back some tariffs on steel and aluminum goods, the Financial Times reported on Friday, citing people familiar with the matter.
www.reuters.com
February 13, 2026 at 9:04 AM
"Officials in the Commerce Department and U.S. trade representative’s office believe the tariffs are hurting consumers by raising prices for goods including pie tins and food-and-drink cans, the FT report said."
www.reuters.com/world/us/tru...
www.reuters.com/world/us/tru...
3/5
The idea that Trump's tariffs would be paid for by foreigners was always nonsense. If they were, as I have often pointed out, they would have little to no impact on trade flows or on American deindustrialization.
The idea that Trump's tariffs would be paid for by foreigners was always nonsense. If they were, as I have often pointed out, they would have little to no impact on trade flows or on American deindustrialization.
February 13, 2026 at 8:50 AM
3/5
The idea that Trump's tariffs would be paid for by foreigners was always nonsense. If they were, as I have often pointed out, they would have little to no impact on trade flows or on American deindustrialization.
The idea that Trump's tariffs would be paid for by foreigners was always nonsense. If they were, as I have often pointed out, they would have little to no impact on trade flows or on American deindustrialization.
FREE ACCESS to "Tariffs, Inflation and Monetary Policy: Implications for Welfare" is available at the Journal of International Money and Finance: authors.elsevier.com/a/1mLM...
February 13, 2026 at 3:00 PM
FREE ACCESS to "Tariffs, Inflation and Monetary Policy: Implications for Welfare" is available at the Journal of International Money and Finance: authors.elsevier.com/a/1mLM...
This paper investigates whether the elasticity of demand for U.S. exports systematically changes from one importer country to another in an international trade context. doi.org/10.1016/j.iref.2014...
February 13, 2026 at 11:00 AM
This paper investigates whether the elasticity of demand for U.S. exports systematically changes from one importer country to another in an international trade context. doi.org/10.1016/j.iref.2014...
by Simon Lester
On relations with allies: "I don't think that the President can act the way that he has acted towards Greenland, I don't think he can institute not just the tariffs but the rhetoric towards our Canadian neighbors, without consequences."
February 13, 2026 at 9:52 PM
On relations with allies: "I don't think that the President can act the way that he has acted towards Greenland, I don't think he can institute not just the tariffs but the rhetoric towards our Canadian neighbors, without consequences."