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TopicUS raises tariffs on China to 25% on $200 billion of goods
ArchiePeck
05/10/19 9:08:07 AM
#19:


Unit7 posted...
iClockwork posted...
Good! Time for China to pay its fair share, been getting away with theft for far too long.


That's not how tariffs work. China doesn't pay them. Chinese businesses don't pay them.

Companies in America will pay them. Who will then pas the cost down to you and me.

If I am importing something with tariffs on it, that means I'll have to pay the fee to bring the stuff into America.

This cuts into Chinese profits, sure. But only because I'm not buying as much because it's to expensive on my end.

Because I, the American company owner, is paying that extra 25% not the Chinese.


Shh, don't spoil it for the "Murrica!" type people...
... Copied to Clipboard!
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