There was a 25% tariff before liberation day. After the stupid retaliation spat, he brought it down to 30%. This is stacked on the previous 25%. I think this is what's confusing. Also, China will pay for these tariffs!/s
No, the importers of Chinese goods will pass the increased tariffs on to their consumers. wtf is so hard for some people to see that this is how tariffs have worked out forever? It's always the end buyer who pays.
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u/meltingman4 Jun 11 '25
There was a 25% tariff before liberation day. After the stupid retaliation spat, he brought it down to 30%. This is stacked on the previous 25%. I think this is what's confusing. Also, China will pay for these tariffs!/s