The post Kiel Institute Shows U.S. Tariffs Mainly Affect Domestic Market appeared on BitcoinEthereumNews.com.

Key Points: Kiel Institute research shows 96% of U.S. tariffs impact domestic importers. Study challenges idea that tariffs are paid by foreign producers. Cryptocurrency market stagnation lacks direct evidence from tariff effects. The Kiel Institute’s research indicates that from January 2024 to November 2025, U.S. consumers and importers bear 96% of tariff costs, challenging prevailing political narratives. This finding questions the widespread belief that foreign exporters pay tariffs, impacting trade economics without any confirmed effects on cryptocurrency markets, as per primary sources. Kiel Study: 96% Tariff Costs Hit U.S. Consumers Kiel Institute’s research indicates that 96% of U.S. tariff costs are borne by domestic consumers and importers. Foreign exporters maintain prices but reduce shipment volumes, while U.S. entities primarily absorb the costs. This economic situation results in a decline in disposable liquidity, curbing consumers’ and businesses’ investment capacity in assets like cryptocurrencies. Despite the correlation in timing, there’s no substantive link to crypto stagnation since October 2025. Market and government reactions are minimal, with no major statements or policy changes confirming a connection between U.S. tariffs and shifts in crypto asset liquidity. The narrative remains speculative without concrete exchange or regulatory data. Historical Tariffs and Their Minimal Crypto Impact Did you know? During the U.S.-China trade conflict in 2018-19, U.S. buyers similarly faced up to 100% tariff pass-through, but cryptocurrency market effects were not evident. Bitcoin currently trades at $91,328.08 with a market cap surpassing $1.82 trillion. Despite its declining 14.96% over the past 90 days, it maintains a market dominance of 59.26%, according to CoinMarketCap data as of January 20, 2026. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 11:07 UTC on January 20, 2026. Source: CoinMarketCap The Coincu research team notes the lack of tangible evidence linking U.S. tariff economics with cryptocurrency market shifts, suggesting market stagnation could relate…

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Filed under: News - @ January 20, 2026 12:29 pm