Kiel Study Finds Tariffs Largely Hit American Buyers
TL;DR
A Kiel Institute study of more than 25 million shipment records (2024–2025) finds US tariffs are paid almost entirely by Americans, with about 96% borne by importers and consumers and only 4% by foreign exporters, leading to higher US prices, reduced imports, and a near-full pass-through of tariff costs to domestic buyers—contradicting Trump’s claim that Americans wouldn’t pay tariffs.
- US tariffs are paid almost entirely by Americans, a German study finds Business Insider
- Americans Are the Ones Paying for Tariffs, Study Finds The Wall Street Journal
- Americans Bear Almost All the Cost of Trump Tariffs, Study Shows Bloomberg
- Trump’s Favorite Boast Expensively Blows Up in His Face The Daily Beast
- New study says American consumer pays all but 4% of tariff costs Straight Arrow News - SAN
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