America's own goal: Americans pay almost entirely for Trump's tariffs

[applegrove]

https://www.kielinstitut.de/publications/news/americas-own-goal-americans-pay-almost-entirely-for-trumps-tariffs/

Contrary to US government rhetoric, the cost of US import tariffs are not borne by foreign exporters. Instead, they hit the American economy itself. Importers and consumers in the US bear 96 percent of the tariff burden, according to new research from the Kiel Institute for the World Economy.

Although the US government intended the tariffs to target foreign businesses, the policy actually harms the domestic economy. "The tariffs are an own goal," says Julian Hinz, Research Director at the Kiel Institute and one of the authors of the study. "The claim that foreign countries pay these tariffs is a myth. The data show the opposite: Americans are footing the bill." The tariffs act like a consumption tax on imported goods. At the same time, both the variety and volume of available products decrease.

........

The research team analysed more than 25 million shipment records covering a total value of almost four trillion US dollars in US imports. The findings are clear:

* US customs revenue increased by approximately 200 billion US dollars in 2025.

* Foreign exporters absorbed only about four percent of the tariff burden, 96 percent passed through to US buyers.

* Trade volumes collapsed, but export prices did not fall.

Applegrove:

Thanks to my cousin for the suggestion

[AZJonnie]

1. Only the dumbest of the dumb ever believed US companies and consumers wouldn't pay the brunt of the tariffs

But it's still good to have those credulous people's stupidity documented with studies and statistics.

Of course, the gullible rubes will simply proclaim is as "fake news" so they won't have to admit (to LIBERALS? THE HORROR!1!!) they've been nothing more than willing marks for Trump the predator/grifter all along

[LetMyPeopleVote]

2. Trump's tariff vow shattered as study finds they're 'paid almost exclusively by Americans'

American consumers are paying 96% of trump's tariffs

Trump's tariff vow shattered as study finds they're 'paid almost exclusively by Americans'

— #TuckFrump (@realtuckfrumper.bsky.social) 2026-01-19T15:19:54.000Z

https://www.rawstory.com/msn/trump-tariffs-americans

Despite claims by the Trump administration, a new study has found that Americans are absorbing about 96% of the costs of President Donald Trump's tariffs. Foreign companies have been paying only 4% through discounts and other tactics.

The Kiel Institute for the World Economy study, obtained by The Wall Street Journal on Monday, concluded that the tariffs were likely to show up as higher consumer prices in the long term.

"There is no such thing as foreigners transferring wealth to the U.S. in the form of tariffs," Bielefeld University professor Julian Hinz remarked after authoring the study.

According to Hinz, the $200 billion in tariff revenue last year "was paid almost exclusively by Americans."

The report found that the tariffs functioned as a consumption tax on Americans instead of a tax on foreign companies.