https://archive.is/rrE5R

By analyzing $4 trillion of shipments between January 2024 and November 2025, the Kiel Institute researchers found that foreign exporters absorbed only about 4% of the burden of last year’s U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%.

  • Arancello@aussie.zone
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    3 days ago

    So in the end, the tariffs really are just a sales tax paid by americans. I seem to recall that the average tax is about 20%, up from the 2.4% in the Biden term. So americans voted for a sales tax, and this evidence shows that they got it. Something like 20% tax on $4 trillion of imports would be about $800 million (so far) of taxes paid by americans so the orange buffoon can give some to Qatar, Argentina, Honduras and the tech bros. Congratulations american voters, you are successfully looting your own pockets.