Americans paying almost entirely for Trump tariffs: Study
Jan 20, 2026 - 22:00
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A new study from the Kiel Institute for the World Economy found that Americans bore 96 percent of the costs incurred by President Trump’s tariffs last year. The study, which analyzed shipment-level data covering over 25 million transactions, found that firms importing goods into the U.S. absorbed only 4 percent of the costs from the…