Who paid Trump's tariffs so far and what it means for US economy 

Tariffs have become one of the defining economic tools of the Trump administration. Politically, they are framed as a way to make foreign producers “pay.” Economically, they function as taxes on imports. The debate has become noisy. Some argue tariffs are inflationary and costly for households. Others claim foreigners absorb the burden, and domestic inflation remains contained. The evidence now available allows a much clearer conclusion, and that is the burden falls overwhelmingly on Americans. As for inflation, the impact is real, though smaller, more mechanical, and more contained than either supporters or critics often suggest. Who's really paying for Trump's tariffs? In the first four months of fiscal 2026, US customs duties ran roughly $90 billion higher than a…