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On tariffs:
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On tariffs:
"It is importers — American companies — that pay tariffs, and the money goes to the U.S. Treasury. Those companies typically pass their higher costs on to their customers in the form of higher prices.
Tariffs are collected by CBP agents at 328 ports of entry across the country.
Foreign companies might have to cut prices — and sacrifice profits — to offset the tariffs and try to maintain their market share in the U.S."
More at https://www.pbs.org/newshour/economy/5-things-to-know-about-tariffs-and-how-they-work
#Politics
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G gustavinobevilacqua@mastodon.cisti.org shared this topic
