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The US tariffs on China have been paid almost entirely by US importers: IMF
- Fjolsvith 7y agoAnd for Chinese products to remain competitive, their prices have to drop, cutting the profit margins. It still hurts China.
- knd775 7y agoIt would seem that you don't do any business with China. Things from China are so cheap that their primary competition is other Chinese manufacturers. When products that I can get from China for $0.65 are >$7 from the US, those tariffs would have to be 1000% for them to make them noncompetitive.
- Fjolsvith 7y agoOh, well, then I seem to have totally misread all the opposition to Trump's tariffs on Chinese goods. What on earth are those importers worrying about, anyways? Silly me.