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Donald Trump's con collapses as a report from Wall Street giant, investment bank Goldman Sachs, reveals US consumers are paying the most for Trump's tariff, despite his administration's massive lies about who's paying for them and their true purpose. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below! Read more here: US Consumers Paying the Most for Tariffs: Wall Street Giant’s Report Exposes Trump Lies - https://www.commondreams.org/news/tru... "New research from investment bank Goldman Sachs affirms, as progressive advocates and economists warned, that US consumers are bearing the brunt of President Donald Trump’s trade wars. As reported by Bloomberg on Monday, economists at Goldman released an analysis this week estimating that US consumers are shouldering up to 55% of the costs stemming from Trump’s tariffs, even though the president has repeatedly made false claims that the tariffs on imports exclusively tax foreigners. Trump Announces New 100% Tariff on China Over Rare Earth Minerals Restrictions Goldman’s research also found that US businesses will pay 22% of the cost of the tariffs, while foreign exporters will pay just 18% of the cost. Additionally, Goldman economists estimate that Trump’s tariffs “have raised core personal consumption expenditure prices by 0.44% so far this year, and will push up the closely watched inflation reading to 3% by December,” according to Bloomberg." ** Be part of the Dragon Squad as a YouTube channel member: http://go.tyt.com/join-tdr Follow The Damage Report on Facebook: / thedamagereporttyt Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagerepo... Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagerepo... Follow The Damage Report on Instagram: / thedamagereport Follow The Damage Report on Twitter: / thedamagereport #TheDamageReport #JohnIadarola #TheYoungTurks 251015__DR02ReportShows