US consumers, importers are the ones suffering the most from tariffs – ECB study

The ECB dissects which parties are the ones who are taking the biggest hit from US tariffs in their latest economic bulletin The study notes that the costs of tariffs enacted by the Trump administration are "falling mostly on domestic importers and consumers". In putting a number to that, the study reveals that US consumers are bearing around… The study notes that the costs of tariffs enacted by the Trump administration are 'falling mostly on domestic importers and consumers'. The study notes that the costs of tariffs enacted by the Trump administration are 'falling mostly on domestic importers and consumers'. In putting a number to that, the study reveals that US consumers are bearing around a third of the tariff burden currently. And if the tariffs are going to stay for longer, that cost will increase even more. For now, it is noted that US exporters are only absorbing… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.