Americans pay the full cost for Trump’s aluminum tariffs

President Trump’s tariffs have notably increased the price of aluminum for U.S. businesses and consumers, a study provided first to Axios shows.

Why it matters: Trump has insisted the cost of the tariffs would be borne by China and other exporters, but the data shows that Americans are paying the costs.

  • “It’s pretty safe to say that it’s 100%,” Douglas Holtz-Eakin, president of think tank American Action Forum and a former director of the Congressional Budget Office, tells Axios

https://www.axios.com/americans-pay-cost-aluminum-tariffs-144b82e4-df0e-453d-9761-61add81f2bf6.html

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