Hinz, Julian; Lohmann, Aaron; Mahlkow, Hendrik; Vorwig, Anna - 2026 - Unlayouted version
• The 2025 US tariffs are an own goal: American importers and consumers bear nearly the entire cost. Foreign exporters absorb only about 4% of the tariff burden - the remaining 96% is passed through to US buyers. • Using shipment-level data covering over 25 million transactions valued at...