Quote:
Originally Posted by Kilmacowen
The tariff just gets added to the cost of the product. We, the tax payer consumer pays the tariff.
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Not totally true.
Competition limits how much suppliers of stuff can add to the price.
Remember a lot of stuff comes from other countries where they are not subject to the tariff.
As a result very often the importer actually absorbs a good deal of the cost of the tariff.
I should know as my business consists of importing mechanical components from China.