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I mean, I do this for a living and looked at the data. Consumers and businesses are currently splitting most of it. Import prices aren’t down at all.

Also if you ask most AI models “based on as broad analysis as possible, who is paying the bulk of the tariffs: us consumers, us businesses, or foreign exporters?” it’ll tell you mostly the first two.

But happy to see your counterpoints.

frphank 5mo ago

Of course import prices aren't down. Competition has already squeezed out all margins available.

The idea of import taxes, officially, isn't to bilk foreign producers out of available funds they're somehow withholding. Taxes are meant to encourage local production that replaces imports. That, of course, is easier said than done.

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Discussion

kyle-moore 5mo ago

and they haven't done it so where still paying

frphank 5mo ago

"we're still paying"? yes onshoring the industrial base takes ages. and it's not clear import tariffs will stay high, what with this just being the president throwing a tantrum.

Kayne 5mo ago

What local production?

Trump never did anything to boost local production...

frphank 5mo ago

You see, local production is something the local people like you do yourself. Don't sit around waiting for the president to do it for you.