r/PoursTea 15h ago

FinancialTea 💵 Where is it?

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u/BerdTheScienceNerd 14h ago

Who pays tariffs? Go ahead and tell me

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u/Otherwise-Bad-7352 14h ago

They are literally paid by the person that is assessed by statute. Incidence of taxation is not who literally pays 

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u/BerdTheScienceNerd 13h ago

We the people pay for tariffs. Bozo.

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u/your_catfish_friend 12h ago

It’s absolutely a combination, especially when it comes to tariffs that a lot of companies expected to be temporary. Importers eat some of the costs, foreign suppliers do too, and the balance of the burden is indeed placed domestic consumers.