- cross-posted to:
- hackernews@lemmy.bestiver.se
- cross-posted to:
- hackernews@lemmy.bestiver.se
By analyzing $4 trillion of shipments between January 2024 and November 2025, the Kiel Institute researchers found that foreign exporters absorbed only about 4% of the burden of last year’s U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%.
I’m amazed that they put scientists on this. A toddler could see these results coming. Well at least a European toddler. American toddlers are probably eating crayons with their parents.
Having specific data and studies is very important.