evidence: Most mainstream economists, however, argue that consumers are the primary victims of tariffs. Tariffs on consumer products hit customers directly, while tariffs on raw materials can produce delays or price spikes that spiral across the economy, interrupting complex and time-sensitive supply chains. Any slowdown in the supply chain could mean layoffs for producers and a hit to the broader U.S. economy. [...] When the tariff is small, an importer may elect to keep its prices stable rather than pass the tariff cost along to the consumer. But when tariffs are high enough, firms will inevitably pass on some or all of the increase to U.S. consumers, said Monica de Bolle, a senior fellow at the Peterson Institute for International Economics. [...] As we’ve noted, a March 2019 study by the Centre for Economic Policy Research, a London-based think tank, concluded that, using standard economic methods, "the full incidence of the tariff falls on domestic consumers, with a reduction in U.S. real income of $1.4 billion per month by the end of 2018."