"American consumers pay 96 cents for every dollar collected in tariffs

[Coldwater]

New Fed report on Trump’s tariffs confirms what most economists warned about

President Donald Trump's tariffs were proposed as a way to collect high revenue on imports into the U.S. from exporters abroad. It was even suggested that the money collected through them could be distributed to Americans as a $2,000 payout. But as of now, the tariffs are significantly impacting American consumers, who are burdened by rising prices amid lower pay.

Earlier, a German think tank's analysis revealed that American consumers pay 96 cents for every dollar collected in tariffs. While Trump claims that inflation has been defeated and the economy is booming, rising prices of essentials tell another story. This has been proved by a recent research by the Federal Reserve Bank of New York. "Nearly 90% of the economic burden is borne by American businesses and consumers, with the average U.S. tariff on imports rising to 13% in 2025 from less than 3%," the study noted.

Link

www.msn.com/en-us/money/markets/new-fed-report-on-trump-s-tariffs-confirms-what-most-economists-warned-about/ar-AA1WfRc9?ocid=msedgdhp&pc=U531&cvid=698f0494906144cb83415c977d3fbf58&ei=23

[Botany]

1. " ... American consumers pay 96 cents for every dollar collected in tariffs."

[Biophilic]

2. Well, that's a surprise. Not.

I mean, who ever suspected that would happen.

[mdbl]

8. The magats are still in denial

They'll just say it's all Joe Biden's fault.

[bucolic_frolic]

3. I don't doubt it. The $1.50 & Up Store says it all

Can hardly find anything that's $1.25 anymore.

[Irish_Dem]

4. Con job to fleece Americans.

[mdbl]

9. Not just the raise in prices but also the manipulation of the stock market

It's disgusting and against the law - but who cares about laws anymore, certainly not the DOJ.

[chouchou]

5. Fox Breaking News !!

The Biden and the Democrats have dug a deep hole for the America citizens. This has been proved by a recent research by the Federal Reserve Bank of New York. "Nearly 90% of the economic burden is borne by consumers.
Eggs have gone sky high thanks to lefties.

[FailureToCommunicate]

6. 90% of MAGAs don't get it. The remaining 10% are con artists with political motives.

"Maths is hard."

[ProfessorGAC]

7. Wouldn't Such An Analysis Require Us....

...to be suspicious of the inflation numbers being reported?
Nearly 1/6th of GDP is from imports. How could 96% of tariff burden be on Americans, tariffs ranging from 10-50%, on 1/6th of the whole economy and inflation only be at 2.4% annualized last monnth?
As the kids are saying "The math ain't mathing."