I mean kids know ice cream is bad for them, at some level. But arguing who pays tariffs is like arguing whether water is wet. That’s what tariffs are, by definitions. Anybody who thinks China or whoever will pay tariffs in their place doesn’t know what tariffs are.
That’s why it boggles the mind that Trump keeps - or at least kept - saying other countries would pay his tariffs and nobody ever corrected him: all it takes is opening a dictionary at TARIFF to know he’s full of shit.
Really?
I mean kids know ice cream is bad for them, at some level. But arguing who pays tariffs is like arguing whether water is wet. That’s what tariffs are, by definitions. Anybody who thinks China or whoever will pay tariffs in their place doesn’t know what tariffs are.
That’s why it boggles the mind that Trump keeps - or at least kept - saying other countries would pay his tariffs and nobody ever corrected him: all it takes is opening a dictionary at TARIFF to know he’s full of shit.
Who would even downvote your comment above.
Tarrifs = Tax
The tax is paid by local importers, then passed onto the local consumers.