A New York Fed study and analysts including Jaison R. Abel and Sunit Patel find healthcare, utilities, and insurance—not President Donald Trump’s tariffs—drove business costs.
The glee with which his detractors blamed President Donald Trump’s tariffs and other policies for increased business and energy costs during the past year might have been premature.
A study released this month by the New York Fed’s Liberty Street Eco… [665 chars]
Source: Newsmax | Published: 2026-03-25T11:19:23Z
Credit: Newsmax
