And I don't mean that like "China pays the tariff so the end result is a higher price for the consumer"...I mean, literally, China doesn't pay it. China sees no difference in the cost of importing things to us. Nothing changes for them.

[–] reddig33 13 points 3 weeks ago (1 children)

In some cases if you don’t tariff it, the US consumer ends up paying for it in the long run. Artificially underpriced products are meant to drive domestic industries and other competitors out of business. You then end up with a monopoly that charges exorbitant prices at a later date and everyone domestically is out of a good paying job.

[–] kitnaht 8 points 3 weeks ago

That already happens domestically with large players. See Amazon and basically every small business out there. And we don't even get a bunch of jobs for it, because Amazon has mastered the use of robotics to minimize job production.

[–] [email protected] 2 points 3 weeks ago (3 children)

It is literally paid, first, by the company that imports the goods.

It is then paid again by the consumer in the higher price that they charge, and it it then paid again by the Chinese exporter in terms of reduced volume of exports.

[–] kitnaht 6 points 3 weeks ago* (last edited 3 weeks ago)

https://www.reuters.com/article/economy/who-pays-trumps-tariffs-china-or-us-customers-and-companies-idUSKCN1TK1V7/

And those importers are US-based companies. China doesn't pay. The importer does.

They are paid by U.S.-registered firms to U.S. customs for the goods they import into the United States.

[–] FourPacketsOfPeanuts 1 points 3 weeks ago

Is there an exemption, say, if a Chinese person were immigrating to the US and they already owned an EV for several years and wanted to bring it with them? Or is there a massive import duty on things like that?