Explain to me like I am a 5th grader.... Who pays tariffs?

[cnm]

When you use dog whistle terms like "cult" nobody (except your own disgusting ilk) takes you seriously. I sure as hell don't.

Cultists never do.

 

[citygator]

Tariffs are usually covered by an increase on price by the consumer along with a decrease on the price from the exporter in order to stay competitive. It really is that simple even for someone who hasn't completely elementary school.

Hell, even black HS graduates would understand that.

That is not what happens. If you were buying overseas it is because it was the lowest price and the alternatives are more. If all your alternatives are more you raise your prices. In fact, many companies are raising prices AHEAD of the tariff impact because the supply of product will be lower. What do you do for a living? I am guessing Walmart Greater.

 

[Woodznutz]

Importers should pay for imports using the currency of the exporting country. That might thwart currency manipulation by the exporters.

 

[citygator]

Importers should pay for imports using the currency of the exporting country. That might thwart currency manipulation by the exporters.

Explain this to a small US company trying to get by...

We Are Suing the President

We are joining a lawsuit that will challenge the unchecked authority of the executive branch to impose tariffs. We will not stand idly by while our livelihoods–and the livelihoods of thousand…

stonemaiergames.com

"Like many tabletop publishers (import code 9504.90.6000*), we started print runs of products before the President took office, and now we face an unprecedented $14.50 tariff tax for every $10 we spent on manufacturing with our trusted long-term partner in China. For Stonemaier Games alone (a US based company in which all 8 employees are US citizens), that amounts to upcoming tariff payments of nearly $1.5 million."

 

[otto105]

Canada can avoid all of this by dropping every tariff they hold against the USA. Then we'll drop our tariffs and its all chumy and gets buds once again.

Elbows up asshole.

 

[otto105]

You're about as dumb as they get on this forum.

For decades, Canada and other nations have been raping the United States. Now they whine like little bitches when the tables are turned and all they need to do is drop their tariffs and the Unite States will drop ours.

But you, like the other treasonous POS on this forum are all about fucking the US over and holding the rest of the world blameless.

How exactly have they been "raping" us?

Did they force us to buy their stuff?

 

[candycorn]

No specific examples.

Do Foreign Exporters Pay Tariffs?​

Depending on the Incoterms used, foreigner exporters in general do not pay for the tariffs. The cost falls on the importer at the border. But that does not mean exporters are not affected. If their products become too expensive, they risk losing sales.

Some foreign suppliers lower their prices to stay competitive. A Chinese electronics company selling laptops to the U.S. may offer discounts to help importers cover the tariff.

Others try to work out deals with importers. A fabric supplier in Vietnam might agree to share some of the extra costs caused by tariffs. This helps importers avoid raising prices too much while allowing exporters to keep selling in the same markets. These adjustments help businesses stay afloat, but they do not remove the impact of tariffs. The cost still needs to be covered somewhere in the chain.

Who Ultimately Pays the Tariffs?

Discover who truly pays tariffs in today's trade war. Explore the impact on consumers, firms, and the economy as higher prices and taxes reshape international trade.

incodocs.com

Translation: It never happens.