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.
"Americans, not foreigners, are bearing almost the entire cost of US tariffs, according to new research that contradicts a key claim by Trump ...
The new research suggests the impact of tariffs is likely to show up over time in the form of higher US consumer prices ... "
www.wsj.com/economy/trad ...