Goldman Sachs is maintaining its prediction that consumers will ultimately bear the cost of tariffs, despite criticism from former President Trump. Economist David Mericle reaffirmed the bank's stance on Wednesday, arguing that increased import taxes will inevitably lead to higher prices for goods and services, impacting household budgets. This position contradicts arguments suggesting that foreign exporters or domestic businesses will absorb the tariff burden. The forecast comes amidst ongoing debate about the economic consequences of trade policies and their potential effects on inflation and consumer spending.