A recent study from the Kiel Institute reveals something worth noting for market watchers: 96% of U.S. tariff costs implemented since 2024 have been absorbed by American consumers and importers, not exporters as policy-makers might have intended. This shift in economic burden carries implications worth tracking—when purchasing power contracts domestically, capital allocation patterns shift. For traders and investors monitoring macro trends, this represents the kind of inflation pressure and demand-side pressure that historically correlates with asset reallocation and portfolio rebalancing across traditional and digital asset classes.