Who pays for US tariffs on Chinese goods? You do
tulc(this is President Trumps 230th false)Trump said that tariffs are "paid for mostly by China, by the way, not by us."
China doesn’t pay the initial tariffs — U.S. importers do. In many if not most cases, those costs are passed on to American consumers, whether it’s directly on the products hit by the tariffs or through an impact on U.S. companies who use raw materials hit with tariffs. China could also take a hit over the longer term in its gross domestic product, but experts say the harm to the U.S. economy would be swifter, more certain and potentially bigger.
We rate the statement False.