Majority of Trump's Tariff Costs Borne by Americans, Report Reveals

Crypto Rover posted on X. A recent analysis indicates that a significant portion of the tariff costs imposed by U.S. President Donald Trump are being shouldered by American consumers and businesses. The report highlights that 96% of these costs are absorbed domestically, while only 4% are covered by foreign exporters. This finding underscores the economic impact of the tariffs on the U.S. economy, raising questions about the effectiveness of the trade policies implemented under the current administration.