2 ms·
Tariffs are paid by importers, but the cost is usually shared between: - Foreign producers - Domestic consumers - Domestic companies (via lower profits) Who
by andsoitis 10mo ago
Tariffs are paid by importers, but the cost is usually shared between:
- Foreign producers
- Domestic consumers
- Domestic companies (via lower profits)
Who pays more depends on bargaining power and market structure.
- orwin 10mo agoSo ultimately the EU doesn't pay the tariff, companies do.
- rsynnott 10mo ago_In practice_, at least for these sort of broad-based tariffs, it tends to be the consumer, eg https://www.kielinstitut.de/publications/news/americas-own-goal-americans-pay-almost-entirely-for-trumps-tariffs/ https://www.kielinstitut.de/publications/news/americas-own-g...