Americans Are Paying For Trump’s Tariffs, Study Finds:
A new study from the Kiel Institute found that foreign exporters only absorb around 4% of tariff ...
time.com/7353475/trump-tariffs-who-pays/
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Americans Bear Brunt of Trump’s Tariff CostsA Kiel Institute study covering $4 trillion in trade found 96% of tariff costs fall on U.S. buyers, not foreign exporters.
- Researchers found foreign exporters absorb only about 4% of tariffs imposed on U.S. imports, passing most costs to American buyers.
- Tariffs introduced in 2025 included a baseline 10% on most imports, with sector-specific and country-specific increases affecting prices.
- The $200 billion rise in U.S. customs revenue reflects a tax largely borne by American consumers and importers.
- New tariffs starting February 2026 on certain European nations will increase to 25% by June, linked to Greenland purchase talks.
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