From MSNBC.

A new report from the New York Federal Reserve reveals that the cost of 2025’s increased tariffs has been borne 90% by U.S. firms and consumers, despite President Trump’s claim that many foreign governments would have no choice but to “eat” his so-called Liberation Day tariffs. MS NOW political analyst, Juanita Tolliver, and chief economist for the Navy Federal Credit Union, Heather Long, join “The Weekend” to discuss.