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We've finally gottem
(mander.xyz)
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this post was submitted on 14 Jun 2025
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Arent the tariffs in the end a sort of tax on the American companies that buy the products? So isn't this 'extra income' just Americans paying more in the end?
There's no "sort of" there. A tariff is literally a tax on imported goods, and companies can't be expected to take on the full burden of these taxes, so they get passed on to the consumer.
Basically Trump decided to raise taxes for everyone. It's no surprise that they're bringing in more money.
It gets passed onto consumers via higher prices. It's a way to pay for tax cuts for the wealthy.