I still see in FB/forums/whatever that a lot of americans think that tariffs are paid by Canada/Mexico/China, and not by the final customers, them.
this post was submitted on 04 Mar 2025
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The media needs to start calling them what they are, import taxes. The term "tariffs" obscures they meaning for some people.
The media those people listen to don't tell their listeners the truth.
They're gonna have a rude awakening shortly.
They won't, though. They will proudly remain ignorant, violently frustrated with anything or anyone T says is to blame.
Why are the Democrats making everything so expensive?!
/s
They are paying it, but that cost is then added to the goods. It's another example of being 'right' but being ignorant to the full picture.
It’s another example of being ‘right’ but being ignorant to the full picture.
No, it's just wrong. These are import tariffs, paid to the government by the individual or company importing the goods, and not by the exporting country.
The goal of import tariffs, is to increase the price of imported goods and materials to promote the use of local alternatives. The problem is that the US has given up on a lot of production of raw materials and imports a huge amount of them, like aluminum and paper products, from its neighbors. So now those raw materials cost more, and even locally-made products, made with imported materials, will have to get more expensive as a result.
But they aren't, the importer parts tarifs, not the exporter.