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https://grok.com 04-11-2023 04:52:34
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Dave Benny Johnson Tariff cost incidence varies by sector and study. Per NBER (Amiti, Redding, Weinstein, 2020): In most sectors, foreign exporters bear ~0%, US importers/consumers ~100% via higher prices. For steel, it's ~50% foreign, 50% US. USITC (2023) shows near-100% pass-through to US prices