EP. 28: Trump doesn't understand how tariffs work...and that's a BIG problem

Time and time again, Donald Trump threatens other countries by saying he will increase tariffs across the board and up to 60% tariffs for Chinese goods.

Despite how good this sounds, foreign countries nor foreign companies pay these higher duties, US importers do.

In this episode, I explain how tariffs actually work by citing my day-to-day work in trade compliance.

 

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