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

[LetMyPeopleVote]

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.

[Lovie777]

1. Duh............

[Dave says]

3. I was just about to post the same

It’s a stealth sales tax to soften the blow of tax cuts for the already insanely rich.

[ProfessorGAC]

5. On Top Of The Obviousness...

...that prompted your concise comment, the $200 billion is far, far less than what he claimed when selling this snake oil.
Remember the $1,400 per person "tariff benefit"?
$200 billion is 40% of what would be needed for that fantasy & tariffs were sold to cut income taxes & reduce the debt.
It's just a cascade of lies that stupid people bought.

[unblock]

2. Shockingly, a direct tax on Americans is paid by Americans

Some small portion of property taxes, sales taxes, and income taxes are paid by foreigners too. Usually not a major talking point.

Republicans and the media has reduced our national political discourse to garbage.

[bucolic_frolic]

4. A true con man, lying to your face while picking your pockets, and you believe him.

How's it going MAGA Bros?

[moondust]

6. I'm guessing

that decades ago as a repeatedly bankrupt businessman he made the ignorant assumption that tariffs are a tax on other countries that could be used to intimidate and punish them. Bring them to heel! He still believes it because one of his cardinal rules is to never admit that he was ever wrong.