[ColdNoMore]

Originally Posted by Bucco

Serious question....this trade war has nothing to do with the economic downturn in your opinion.? Do you believe, as our government does that China is writing us checks each time we raise the tariff ? The FED believes that the tariffs have an impact even though American businesses have said over the past year that the tariffs and retaliatory measures have forced them to increase prices, delay investment and cut jobs.

Only the economically ignorant (or highly gullible), believe that tariffs are collected as income by a government and the companies paying them (the importer, NOT the seller) simply absorb the extra expense/cost...and doesn't pass it on to the eventual buyer of the product(s).

The truth about tariffs (Import Here)

What’s NOT true is that tariffs on goods from China are paid by the Chinese, or that tariffs on goods from Mexico are paid by Mexicans.

When the United States levies a tariff on something, it is the US importer who pays the tariff, not the foreign exporter. A tariff is a border tax on the buyer, not the seller—tariffs make it more expensive for a buyer to import a good into the country.