You’ve been told that tariffs
are paid by other countries.
TRADE · TAXES · COST OF LIVING
Tariffs on imports are taxes paid by
American companies at the border,
costs that are typically passed.
They aren’t.
A tariff is a tax on goods coming
into the United States. The bill
goes to the American company
importing it. That company pays U.S.
Customs. The money goes to the U.S.
Treasury. On a $1,000 laptop, that’s
$150 at the border. On toys,
clothes, appliances, phones — the…
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