Just a real quick question for Americans - no angst or fighting.

When a product from overseas - let’s use China as an example - has a tariff on it, you know it’s the American public who pays the higher expense to cover the tariffs, not the exporter right?

I’m just asking because a Texan friend of mine thought tariffs on Chinese products was paid by the Chinese government. But it’s not. It’s the American consume who pays the higher cost.

I know it’s obvious but I just thought if check everyone understood the tariff costs the consumer, not the exporter.

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Quetzalcoatlus · 46-50, M

The importer pays the tax to the government, but passes it on the customer via a higher price.

WintaTheAngle · 41-45, M

@Quetzalcoatlus Correct. I just want to check what people were being told because my friend was very confused and he got upset when I tried to tell him,

Quetzalcoatlus · 46-50, M

@WintaTheAngle The result will be higher prices on those goods. If he’s not careful, he’ll cause a recession.

WintaTheAngle · 41-45, M

@Quetzalcoatlus Possibly. Here in Britain we. All ours the Cost Of Living Crisis.

I understand it’s to force Americans to buy American. But if there’s no home industry for a particular product or commodity, people are being told they have to pay more or go without.