Americans Bear Almost All the Cost of Trump Tariffs, Study Shows https://www.bloomberg.com/news/articles/2026-01-19/americans-bear-almost-all-the-cost-of-trump-tariffs-study-shows
M4053946 on January 19, 2026 4:32 pm Uh, yes, that is how tariffs work. They are a tax on imports. The long-term goal is to encourage domestic production. And no, most likely Trump’s tariffs will not increase domestic production, as there is no expectation the next president will keep the tariffs.
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Uh, yes, that is how tariffs work. They are a tax on imports. The long-term goal is to encourage domestic production.
And no, most likely Trump’s tariffs will not increase domestic production, as there is no expectation the next president will keep the tariffs.
Well, 97% of Americans at least.