Tariffs: who is paying the Trump’s higher tariffs in China US trade war

Tariffs: who is paying the Trump’s higher tariffs


Donald J. Trump‏Verified account @realDonaldTrump 3h3 hours ago

The reason for the China pullback & attempted renegotiation of the Trade Deal is the sincere HOPE that they will be able to “negotiate” with Joe Biden or one of the very weak Democrats, and thereby continue to ripoff the United States (($500 Billion a year)) for years to come….
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Donald J. Trump‏Verified account @realDonaldTrump


….Guess what, that’s not going to happen! China has just informed us that they (Vice-Premier) are now coming to the U.S. to make a deal. We’ll see, but I am very happy with over $100 Billion a year in Tariffs filling U.S. coffers…great for U.S., not good for China!

You are filling $100 billion in US coffers with US consumers hard earned money as they will be the ones ultimately charged for the increased tariff. Chinese goods will still pour in but at higher prices. that higher price will get passed on to the consumer.