🚨🛑 Let's break down who’s paying for Trump's tariffs 🚨🔥
The Reality 📊
US businesses and industries are currently absorbing most of the tariff costs, not foreign countries 🇺🇸.
Tariff revenues are climbing fast, with the US government collecting growing revenue from tariffs paid by US importers 💸.
How Tariffs Work 🤔
- Tariffs are taxes imposed on imported goods, collected by US Customs and Border Protection agents at ports of entry 🚢.
- Importers pay tariffs upfront, but the cost is often passed down to consumers through higher prices 📈.
- Foreign exporters might lower prices slightly to stay competitive, but they’re not absorbing the majority of the tariff burden 🌎.
Impact on Consumers 🚨
- American consumers haven’t felt the full impact yet, possibly due to existing inventory and businesses absorbing initial costs 📦.
- If the Supreme Court upholds the tariffs, importers will likely pass the costs to consumers, leading to higher prices over time 💸.
- A recent study estimates that consumer passthrough on imported goods was around 70% as of June 2025 📊.
Trump’s Claims vs. Reality 🤥
- Trump claims tariffs are paid by foreign countries, but evidence shows US businesses and consumers are bearing the brunt 💸.
- Tariffs have generated significant revenue for the US government, but at the cost of higher prices for Americans 🚨.
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