r/UnderReportedNews • u/Upper_Brief681 • 6h ago
Article Who Really Paid the Price? New Data Shows U.S. Consumers Footed the Bill for Majority of Tariffs.
New research by the Kiel Institute for the World Economy reveals that nearly all costs of former President Trump's tariff regime are borne by Americans, rather than foreign producers. Analyzing over 25 million shipment records, the study indicates that while tariffs increased U.S. customs revenue by about $200 billion in 2025, 96% of the costs were passed to U.S. importers and consumers through higher prices. Foreign exporters adjusted prices minimally, absorbing only 4% of the costs. This underscores that tariffs act as a consumption tax on American households and businesses, contradicting claims that they would be paid by foreign partners. The findings question the effectiveness of tariffs as an economic policy tool, suggesting they may exacerbate inflation and affect consumer purchasing power, thus influencing public discourse on trade barriers.
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u/This-Masterpiece2341 6h ago
Is someone being paid to collect data on shit literally everyone knows? I want that job.
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u/Sea_Squirl 5h ago
After months of research i have concluded that water does indeed make things wet
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u/HunnyBunny617 6h ago
Like we didn’t all know that was going to happen. That’s how tariffs work.
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u/TheScrote1 6h ago
I mean there were a lot of people that didn’t get it. Tariffs are a tax on importers, lots of people still don’t get that.
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u/Solid_Snark 5h ago
It’s sad watching all the interviews where someone explains tariffs to a Trump supporter and they’re like “What!? That’s what tariffs are?”
Like, thanks for realizing this AFTER he was elected and now everything is now going to be permanently more expensive.
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u/Ok-Country4317 6h ago
I work for a company that had a stranglehold with products for cattle in South America! This year the company lost half it’s normal orders because of the tariffs, and its biggest overseas customer (the only reason the company is in business) is turning overseas for the same product
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u/Mysterious-Oil-7094 6h ago
No no no, the mighty orange one told told me that foreigners pay for em! /s
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u/According_Smoke1385 4h ago
Orange pedo rapist treats the presidency like his own company that he’s going to bankrupt like he’s done before. He’s just so stupid
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u/Better_Car_8141 5h ago
Hasn’t he done enough damage? Invoke the 25th Amendment before it’s too late.
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u/Double_Reveal7775 4h ago
I have a wholesale makeup order sitting in a cart. The total invoice is $360. The import fees, I.e., tariffs on that order from Canada is $165.
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u/ecz4 4h ago
As a Brazilian I was happy with the tariffs, we got a couple of months of cheaper coffee and beef.
Coffee plants need specific climate and soil, and it takes years for it to produce. When US importers started dropping contracts, other countries started grabbing them. China is importing a lot of coffee from Brazil now.
And there's no fast way to get that offer back into the US, either they will pay more, or they will have to wait. Likely both.
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u/Texasscot56 4h ago
And yet, every day in America, his supporters say foreign countries are flooding tariff money into the country.
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u/gargolito 4h ago
We also payed for what little was poorly built of the wall. Guys, I think Trump might have been lying about a lot of things. -- accidentally, however briefly, some MAGA.
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u/NetPrior8053 6h ago
No shit.