Recent analyses reveal that businesses and consumers in the U.S. are increasingly feeling the adverse effects of tariffs imposed during the Trump administration. Reports indicate that companies have shielded buyers from tariff costs initially, but this protection is diminishing as tariff expenses are now being passed on to consumers. Economists estimate that tariff costs for consumers may surge, with studies showing that over 50% of the new tariffs are being shouldered by consumers. Small businesses are experiencing significant challenges, compelling them to raise prices or rethink their supply strategies as they navigate rising operational costs. The consequences extend beyond immediate financial impacts, raising concerns about broader economic implications, such as potential job losses in manufacturing and overall economic growth. Goldman Sachs and other analysts emphasize that while tariff revenues are increasing, so too are the burdens on families, marking a troubling trend in the ongoing trade landscape.