I'd like to introduce, Mr. Chair, two documents from the New York Federal Reserve. 90% of the cost of the tariffs last year fell on American consumers and businesses. And another from the Tax foundation, The average in 2025 was $1,000 per American tax household. If I could introduce. Objection. We don't think they're a tax on the American people. They have not raised prices. 90% of the cost is by a tax foundation. (02:15–02:22)
CLAIM
Asserts that the average tariff cost in 2025 was $1,000 per American tax household.
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