German Think Tank Finds U.S. Consumers Bear Cost of Trump’s Import Tariffs
A study from a German research organization concludes that duties imposed by President Trump on imported goods are largely paid by American consumers rather than foreign exporters.
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Terms & Concepts
Import Tariffs: Taxes imposed by a government on goods brought into the country, often used to protect domestic industries or influence trade balance.
Think Tank: An organization that conducts research and provides analysis on specific policy or economic issues.