President Donald Trump has postponed his high tariffs on Chinese imports for the next three months, maintaining a 30% tax on most goods in hopes of reaching a trade deal.

Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on in the future.

US consumers will end up bearing the brunt of President Trump’s tariffs once the taxes finish working their way through the economy, according to a new report from Goldman Sachs economists. So far, companies have paid the majority of the tariffs,