Quote:
Originally Posted by edslunch
I fully expect him to redefine the definition of tariff to mean other countries must pay it as a fee for access to the US market. I'm guessing that's not allowed by international law but that wouldn't stop him.
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It’s really irrelevant who pays, the provider of the good isn’t going to just magically take a 25 percent haircut and it’s not possible to spool up domestic production over night. So provider will recoup their costs from the only person possible, the consumer.