Business NY Fed Finds 90% of Tariff Costs Fell on Americans, Administration Says That Proves Tariffs Working Marcus Nakamura, Business & Markets Correspondent February 12, 2026 Average tariff rate surged from 2.6% to 13% in 2025. Officials describe results as “on track.” New... Read More Read more about NY Fed Finds 90% of Tariff Costs Fell on Americans, Administration Says That Proves Tariffs Working
