Almost all the added costs from Trump’s tariffs are being pushed on Americans, study finds

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariffs-americans-pay-study-b2903467.html

The study determined that only approximately 4 percent of the financial burden created by the tariffs is being paid by foreign operators. The other 96 percent has effectively become "a consumption tax on Americans," according to Kiel's researchers.

21 points · 3 comments · view on lemmy.world

3 Comments

FlashMobOfOne@lemmy.world · 5 pts · 214d

Yup, we know.

Unlike our rich legislators, we do our own shopping.

resipsaloquitur@lemmy.world · 1 pts · 213d

What? Naur!

YashaB@lemmy.world · 1 pts · 213d

Good. It was also their vote. Let them feel the outcome. Maybe they 'll come to their senses.

And if not, we are all going down the drain together.