The Silly Myth That Foreigners Pay Our Tariffs

The Silly Myth That Foreigners Pay Our Tariffs

Donald Boudreaux, The Daily Economy The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.

Tariffs do not impact China: Study reveals that 96% of the cost falls on US consumers and businesses

CANVA A study recently published by the Kiel Institute for the World Economy confirms what many economists have warned since the trade war launched by President Donald Trump: tariffs are not paid by China, but by Americans themselves. According to the paper titled “America’s Own Goal: Who Pays the Tariffs?”, 96% of the cost of the tariffs announced in 2025 was absorbed by importers and consumers in the United States. READ ALSO. The United States…