BREAKING: Trump’s tariff lies are SHATTERED by a new report

BREAKING: Trump’s tariff lies are SHATTERED by a new report that reveals that Americans are paying 96% of the cost of his tariffs while foreign companies pay just a measly 4%.

We knew that he was lying, but these numbers are stunning…

“The tariffs are an own goal. The claim that foreign countries pay these tariffs is a myth.

The data show the opposite: Americans are footing the bill,” stated economist Julian Hinz, one of the authors of the study from the Kiel Institute for the World Economy.

“There is no such thing as foreigners transferring wealth to the U.S. in the form of tariffs,” Hinz said.

The research team performed a robust analysis of the numbers by digging into more than 25 million shipment records totaling over $4 trillion in U.S. imports.

They discovered that customs revenue in 2025 went up by $200 billion, but the vast majority of that number was paid by U.S. consumers.

The volume of trade goods being imported “collapsed” because the tariffs have a disincentivizing nature, but export prices did not decrease.

The team discovered beyond a shadow of a doubt that despite Trump’s repeated insistence that foreign countries pay the tariffs, in reality they’re a “consumption tax” on Americans.

The team also specifically studied the tariffs placed on Brazil and India in August 2025 and again discovered that “the data show that foreign exporters did not lower their prices to offset the additional tariffs.”

“We compared Indian exports to the US with shipments to Europe and Canada and identified a clear pattern,” Hinz stated.

“Both export value and volume to the US dropped sharply, by up to 24 percent. But unit prices—the prices Indian exporters charged—remained unchanged. They shipped less, not cheaper.”

The “global impact” section of the report was the most damning portion of all.

The Kiel Institute said that their findings indicated that American companies will be “confronted with shrinking margins and consumers with higher prices in the long run.” The tariffs also push foreign countries to find new export markets.

“Tariffs ultimately disadvantage everyone,” said Hinz.