. . . and learn . . .
". . . Here’s a description from the Urban Institute-Brookings Institution Tax Policy Center, an independent group that models the effects of tax legislation. . . A tariff is a tax on imported goods. Despite what the President says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country. Thus, if the US imposes a tariff on Chinese televisions, the duty is paid to the US Customs and Border Protection Service at the border by a US broker representing a US importer, say, Costco. The Chinese government pays nothing, just as the US government pays no tax to Canada for that nation’s tariffs on imported dairy products. Rather, an importer or supplier for a Canadian supermarket pays the duty on Wisconsin cheese that lands in the grocer’s dairy counter.. . . That explanation, written in September 2018, noted that Trump has a "troubling lack of understanding about how the levies work.". . ."
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