The New York Fed study suggested that in the first eight months of the year, 94 per cent of the cost had been passed through. This fell slightly to 92 per cent in the September to October period and 86 per cent in November.

Fed post: https://libertystreeteconomics.newyorkfed.org/2026/02/who-is-paying-for-the-2025-u-s-tariffs/

Before that he spent two decades at Lehman Brothers.

Things happen

https://abcnews.go.com/Politics/saudi-crown-prince-marks-return-us-after-7/story?id=127594469

Deeply disturbing.