how do tariffs on exports work. The R’s are saying increased tariffs won’t cause manufacturers/distributors to pass the costs onto consumers here in the US. I was wondering if American manufacturers follow that same model. Are goods exported to foreign countries outside the US subject to tariffs, and are those tariffs absorbed, or passed onto foreign consumers?
In: Economics
>The R’s are saying increased tariffs won’t cause manufacturers/distributors to pass the costs onto consumers here in the US.
Increased costs are *always* passed on to the consumers. See also: the entire history of everything, always.
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