Who Pays for Tariffs? | U.S. Import Duties and Consumer Prices
You did not vote for this tax. But it is costing you hundreds — maybe more. While politicians brag about "hitting foreign countries with tariffs," the truth is simple: They are quietly raking in over 100 billion dollars, breaking records behind your back. Most people do not understand how it works. And the media? Many twist it — or ignore it entirely.