U.S. Treasury Secretary STILL won't admit tariffs are a tax on consumers #shorts

Hasbro says they're going to have to increase their prices. Goldman Sachs says 86% of the tariff revenue collected so far has been paid by American businesses and consumers. So just bottom line, Mr. Secretary, do you acknowledge that these tariffs are a tax on American consumers?

No, I don't.

Even though you have companies saying they are going to have to increase prices, and given the fact that 86% of these tariffs so far have been paid by America.

You're quoting Goldman Sachs. Yes, Goldman Sachs, correct.

Which I said, yeah.

I made a good career trading against Goldman Sachs. I made a good career trading against Goldman Sachs.

Okay.