Trump’s Favorite Boast Expensively Blows Up in His Face
The Daily BeastUpdated
Mon, January 19, 2026 at 6:31 PM UTC
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Mr. Tariff’s eponymous policy is causing Americans more harm than good. Contrary to President Donald Trump’s favorite economic claim, U.S. import tariffs are almost exclusively paid for by Americans, new research has found. The study, published on Monday by the Kiel Institute for the World Economy, a German think-tank, reports that American consumers and importers bear 96 percent of the burden from Trump’s aggressive tariff policy.