pass through

“It is far too soon to know if the slowing back to last year’s pace is a sign that tariff pass-through is moderating or if it is one-month noise,” Detmeister writes.

“It is far too soon to know if the slowing back to last year’s pace is a sign that tariff pass-through is moderating or if it is one-month noise,” Detmeister writes.

“My outreach to business leaders suggests that the pass-through of tariffs to consumer prices is not yet complete,” said Federal Reserve governor Lisa Cook.

Officials allege that companies may have used pass-through arrangements with small businesses.

Lower earners can benefit from pass-through workarounds too, but the complexity might not justify the tax savings, said Rachael High Chamberlain, a tax lawyer in Florence, Ky.