Quoted from AlterNet, 8/18/2024
During the ex-president's Pennsylvania rally Saturday, he said, "A tariff is a tax on a foreign country. A lot of people like to say it’s a tax on us. No. It’s a tax on a foreign county. It's a tax that's ripping us off and taking our jobs. And it's a tax that doesn’t affect our country."
In 2018, Urban Institute and Brookings Institution's Tax Policy Center senior fellow Howard Gleckman wrote:
A tariff is a tax on imported goods. Despite what the [former] President [Trump] 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.
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