RE: that’s false. tariffs raise costs for all consumers
Posted on: January 7, 2020 at 09:40:57 CT
BH O'bonga MU
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They increase costs only if the customer buys the imported product. The tax is paid to the U.S. treasury. If the consumer switches to the domestically produced product, no tariff tax is paid, the domestic producer profits and those dollars stay in the U.S.