2020-01-09 10:32:34

Report: 100% of Trump Tariffs Paid by Americans

A new report confirms that 100% of Donald Trump's tariffs on China have been paid by Americans, not by Chinese companies as Donald Trump seems to believe.

Trump keeps telling us, though, that China is paying for tariffs. On January 3rd, he tweeted:


"The United States Treasury has taken in MANY billions of dollars from the Tariffs we are charging China and other countries that have not treated us fairly. In the meantime we are doing well in various Trade Negotiations currently going on. At some point this had to be done!"



At a rally in Ohio in August, Trump told the crowd "you’re not paying for those tariffs. China’s paying for those tariffs."


Despite Trump's gaslighting, the National Bureau of Economic Research says “U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers."


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