Event Brief
Feb 12, 2026 at 11:11 AM ET
US Businesses Bear 90% of Tariff Costs, NY Fed Reports
By The BriefBrief
Research from the NY Fed challenges Trump's assertion that foreign firms will cover tariff expenses.
WHO: NY Fed
WHAT: Research on tariff costs
WHEN: Feb 12, 2026 at 9:19 AM ET
WHERE: USA
WHY: To clarify the impact of tariffs on US businesses and consumers
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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