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  • How Do Tariffs Work? Who Pays, Who Collects and More

    From bnnbloomberg.ca

    US President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s largest trade partners. So far he’s implemented 10% levies on China; delayed plans to hit Mexico and Canada with a 25% duty tax; and indicated that he’s coming for the European Union next. Yet beyond all that noise, tariffs have on-the-ground implications. Here’s how they work — from who actually pays to how the revenue is collected. What are tariffs and what purpose do they serve? Tariffs are taxes imposed on imported goods. Like all taxes, they are a source of government revenue. ... (full story)

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Tariffs also steal your pronouns!
Who pays? Us, who else?
tariffs = jihad
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"If The Fool persists in his Folly he will become wise." - William Blake
Dumb dumbs pay tariffs.
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  • Posted: Feb 4, 2025 5:42pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 4  /  Views: 3,152
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