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The tariffs will distort the allocation of global market resources, undermine the foundations of global cooperation, and affect the long-term steady growth of the global economy, according to a white paper issued by the Chinese government on Wednesday. The Peterson Institute for International Economics assesses that over 90 percent of the tariff costs will be borne by the U.S. importers, downstream businesses, and ultimately, through higher prices, by the end consumers. CGTN has extracted vital data from the white paper to highlight the impact of Trump's "reciprocal" tariffs on the U.S. society in the following graphic.