Re:Kiel Institute Analysis: US Americans pay 96% of tariff b...
by jbm on Monday January 19, 2026 @12:17PM
(#46681663)
The article we are commenting on literally says 96% is paid for by Americans. Do you have a reason to accept Lutnick's position?
Re:Kiel Institute Analysis: US Americans pay 96% of tariff b...
by greenavocado on Monday January 19, 2026 @12:28PM
(#46681826)
Section 1 Paragraph 4: Every dollar of tariff revenue represents a dollar extracted from American businesses and households.
Why am I not paying substantially more year over year for the wide variety of things I purchase?
Re:Kiel Institute Analysis: US Americans pay 96% of tariff b...
by jbm on Monday January 19, 2026 @01:22PM
(#46682600)
I feel we should have an independent source by now if that was true. Thousands of Chinese suppliers all taking losses to keep market share seems unlikely. A government program would have been clearly shown too. I think it is more likely that goods are being labelled with different origins and being imported through preexisting treaties like NAFTA (I forgot the Trumpian name for his negotiated version), or that Economists are shameless modern tortoise shell baking shamans that we need to sacrifice to appease angry dead ancestors.
Re:Kiel Institute Analysis: US Americans pay 96% of tariff b...
by annexrichmond on Monday January 19, 2026 @01:07PM
(#46682399)
“The German study said something that is in their interest to do so, so therefore it must be true”
Commerce Secretary, Howard Lutnick: “The model is clear: 10% tariffs or less are paid by the manufacturers, the distributors, the businesses,” he said. “The consumer doesn’t pay. The consumer doesn’t pay because the seller doesn’t want to raise prices, because if they could, they would, but they don’t want to sell less. So they eat it.”
https://www.zerohedge.com/markets/lutnick-beijing-eating-maj...