Reposted by Aaron Lohmann
Costly own goal: US import #tariffs primarily impact the domestic economy, with 96% of the costs being borne by importers & consumers in 🇺🇸 rather than foreign exporters, according to new research by @julianhi.nz, @aaron-lohmann.bsky.social, @hendrikmahlkow.com & Anna Vorwig👇
kielinstitut.de
America's own goal: Americans pay almost entirely for Trump’s 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 o...
