Stacked shipping containers at the Port of Los Angeles. Photo: AFP
Stacked shipping containers at the Port of Los Angeles. Photo: AFP

US firms and consumers, not China, paying for Trump’s tariffs

  • New study shows duties had no major impact on foreign export prices, suggesting US is bearing almost all the burden in most sectors
  • Steel tariffs, meant to protect US industry from dumping practices by countries like China, failing to save jobs, researchers say

Stacked shipping containers at the Port of Los Angeles. Photo: AFP
Stacked shipping containers at the Port of Los Angeles. Photo: AFP
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