Goldman Sachs: U.S. consumers will bear most of the pressure from tariff impact.

According to Goldman Sachs' research, the impact of Trump's tariff measures on consumer prices has just begun, adding more uncertainty to the already turbulent US bond market, which has been constantly changing due to expectations of interest rate cuts. US companies have borne the brunt of Trump's tariffs so far, but as companies raise prices, this burden will increasingly be passed on to consumers. As of June, US consumers are estimated to have borne 22% of the tariff costs, but if the latest tariffs follow the pattern of those imposed in recent years, this proportion will rise to 67%.