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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dancingtongue · 80-89, M

Understand that. Also understand that the targeted country's retaliatory tariff gets added on to our exports, making it more expensive for foreigners to buy our products, and negatively impacting our balance of trade. And since a large portion of those exports are agriculturally-based -- and countries are saying specifically targeted to products from MAGA red states -- biting us in the behind from that direction as well. Apparently they never taught this is at the Wharton School of Economics. At least to the legacy students/