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Financial Times:
US consumers start to pay price of trade war with China

15 May 2019

Research from Mary Amiti of the New York Fed, Stephen Redding of Princeton University and David Weinstein of Columbia University in March found that the "full incidence" of the tariffs has fallen on domestic consumers so far. This had imposed a so-called deadweight loss to the US - a drain on the economy beyond the direct cost of the levies - of $1.4bn a month by the end of last year.

Read more... Financial Times