Skip to main content
See every side of every news story
Published loading...Updated

U.S. tariff costs largely passed to American buyers: Study

The Kiel Institute reports tariffs raised $200 billion in 2025, with 96% of costs passed to U.S. importers and consumers, acting as a consumption tax, while foreign exporters absorbed just 4%.

  • On Monday, the Kiel Institute for the World Economy released a study showing about 96% of President Donald Trump's tariff costs passed to U.S. importers and consumers from more than 25 million shipment records worth nearly $4 trillion.
  • The White House said tariffs are paid by foreign exporters, with Kush Desai stating, `The average tariff imposed by America has increased by almost tenfold under President Trump.`
  • Kiel researchers noted foreign exporters held prices and cut shipments; Julian Hinz stated, `The claim that foreign countries pay these tariffs is a myth.`
  • The immediate result is more revenue for the U.S. Treasury but higher costs for American businesses and households, appearing as higher prices and reduced availability for U.S. consumers.
  • The Supreme Court is expected to rule soon on challenges to tariffs after earlier this week, as President Donald Trump threatened to expand duties toward Europe, prompting emergency talks and counter-tariffs.
Insights by Ground AI
Podcasts & Opinions

109 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 38% of the sources are Center
38% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Welt broke the news in Dortmund, Germany on Monday, January 19, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal