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We Just Got Proof that Americans, Not China, Are Paying for the Tariffs — Brad Polumbo

Summary:
As reported by Reason’s Eric Boehm, a new analysis from Moody’s Analytics finds that only about 8 percent of the tariffs’ costs have fallen on China. In contrast, US consumers have suffered a whopping 92 percent of the costs.Activist PostWe Just Got Proof that Americans, Not China, Are Paying for the TariffsBrad Polumbo

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As reported by Reason’s Eric Boehm, a new analysis from Moody’s Analytics finds that only about 8 percent of the tariffs’ costs have fallen on China. In contrast, US consumers have suffered a whopping 92 percent of the costs.
Activist Post
We Just Got Proof that Americans, Not China, Are Paying for the Tariffs
Brad Polumbo
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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