96% من تكاليف الرسوم الجمركية يتحملها الولايات المتحدة، مما يؤدي إلى جفاف تدفقات التمويل وركود سوق التشفير

CoinVoice Latest reveals that a study by the Kiel Institute for the World Economy in Germany shows that between January 2024 and November 2025, 96% of the costs of US tariffs are borne by American consumers and importers, while foreign exporters bear only 4%. Nearly 200 billion USD in tariff revenue is almost entirely paid domestically within the United States.

The study challenges the political narrative that tariffs are paid by foreign producers. In reality, foreign exporters maintain stable prices but reduce shipment volumes, with costs passed on by US importers at the border. Only about 20% of tariff costs are transmitted to consumer prices within six months, with the rest absorbed by importers and retailers, squeezing profit margins.

Meanwhile, slow tariff collection gradually drains disposable liquidity, reducing funds available to consumers and businesses for speculative assets, leading to a liquidity stagnation period in the crypto market since October, with no crash or rally.