<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/0b1417a2bf8c4c6084ef6ef23c28b55a&quot; frameborder=&quot;0&quot; width=&quot;1620&quot; height=&quot;1215&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1215</height><width>1620</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1215</thumbnail_height><thumbnail_width>1620</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/0b1417a2bf8c4c6084ef6ef23c28b55a-f959a10bffb1d118.gif</thumbnail_url><duration>227.007</duration><title>Understanding the Impact of Tariffs on Consumers and Businesses</title><description>In this week&apos;s Fireside Charts, I discussed the impact of tariffs on the economy, referencing a report from Goldman Sachs that highlights how these tariffs have primarily been absorbed by U.S. businesses rather than passed on to consumers. Currently, the Consumer Price Index (CPI) is around 3%, while the Producer Price Index (PPI) has spiked to almost 4%, indicating that producers are facing higher costs. As uncertainty continues, businesses are hesitant to raise prices, but eventually, these costs will trickle down to consumers. I encourage you to keep an eye on these trends as they could significantly affect our economic landscape moving forward.</description></oembed>