Major Study Shows US Consumers, Businesses Pay for Vast Majority of Trump’s Tariffs

Major Study Shows US Consumers, Businesses Pay for Vast Majority of Trump’s Tariffs

“Every dollar of tariff revenue represents a dollar extracted from American businesses and households.” President Donald Trump has long insisted, in the face of decades of research by economists, that foreign producers are the only ones who are paying for his tariffs on imported goods. However, a major new study released Monday by the Kiel […]

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