How US Tariffs Actually Work — And Who Really Pays for Them
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How US Tariffs Actually Work — And Who Really Pays for Them
A tariff is not a penalty paid by a foreign government. It is a tax paid by the American importer at the point of entry — and that cost moves through the supply chain to manufacturers, distributors, and ultimately the end buyer. The US average effective tariff rate now stands at its highest level since 1943. (NPR) The Trump administration's ...
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