US Consumers Bore the Brunt of Tariffs on India and Brazil, Report Reveals
Published on: Jan. 20, 2026, 8:52 a.m. | Source: Patrika News
A report by the Kiel Institute has revealed that the tariffs of up to 50% imposed by Trump on India and Brazil have not affected foreign exporters. According to the study, 96% of the burden of this hefty tax of $200 billion has been borne by American importers and general consumers.
