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Index/Topics/US Tariffs Burden

US Tariffs Burden

The economic burden of US tariffs is largely borne by US businesses and households, not foreign countries.

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Jan 5, 2026

are the American people paying for tariffs

Yes — Americans are paying for tariffs: economists and policy shops find that U.S. businesses and households bear most of the economic burden through higher prices, lower real incomes and slower growt...

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