Tariffs as a hidden consumption tax: why the foreign country pays nothing and you pay everything
Something that never gets explained clearly enough in all the tariff debates: tariffs are not paid by China or any other exporting country. The American importer pays the bill at the border. They pass the cost to the wholesaler, who passes it to the retailer, who passes it straight to you. A Federa
ORIGINAL SOURCE →via Reddit r/economy
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