3 ms·
No, the cost of a tax on trade is always split. The way it is split is determined by elasticity of demand and elasticity of supply. In this particular case, Chi
by burfog 8y ago
No, the cost of a tax on trade is always split. The way it is split is determined by elasticity of demand and elasticity of supply. In this particular case, Chinese suppliers have been paying about 83% of the tariff.