Drudge Retort: The Other Side of the News
Friday, February 13, 2026

U.S. businesses and consumers bore about 90 percent of the cost of President Trump's sweeping tariffs, according to a recent report by the Federal Reserve Bank of New York. The study, published Thursday, found that the majority of costs that came from tariffs were passed onto the American public in the first 11 months of 2025, contradicting Trump's promises that foreign companies would pay the import taxes.

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

The Federal Reserve Bank has now been put on the DHS US Domestic Terrorist List.

That is all.

#1 | Posted by Corky at 2026-02-13 11:50 AM | Reply

www.nbcnews.com

... The Bureau of Labor Statistics said that the price of housing "was the largest factor" in the increase for the month, rising 0.2%. The same went for the "food at home" category, which tracks grocery prices.

The price of energy was among the biggest drops in January, falling 1.5%. ...

There are some signs of significant tariff pass through to consumers, however, as many economists feared.

The price of laundry equipment and an index that tracks "other appliances" jumped 2.6% just from December to January.

Other indexes that rose sharply from month to month include those tracking the price of appliances overall, which rose 1.3%.

Computers rose 3.1%, floor coverings jumped 3.2%, home furniture popped 1% and boys' apparel increased 2.4%.

The price of watches increased by 2.9% from month to month, and the reading that tracks video and audio equipment, including televisions, increased by 2.2%.

"You start to see some of the tariffs creep into some of the prices ... and you see some sellers are deciding that they're passing on those higher costs to consumers in the form of higher prices," Amazon CEO Andy Jassy said on CNBC in mid-January. "I think you're starting to see some more of that impact." ...



#2 | Posted by LampLighter at 2026-02-13 01:29 PM | Reply

The following HTML tags are allowed in comments: a href, b, i, p, br, ul, ol, li and blockquote. Others will be stripped out. Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Anyone can join this site and make comments. To post this comment, you must sign it with your Drudge Retort username. If you can't remember your username or password, use the lost password form to request it.
Username:
Password:

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy

Drudge Retort