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%.
That . . . is how tarriffs work, yes.
I mean if there is enough room in the profit margin the producer could adjust the price to keep the cost the same.
I can’t imagine why they would given the the way the tariffs are applied though.
But the orange man told me the exporting country would pay!