, 4 tweets, 2 min read Read on Twitter
That’s bullshit!

The consumer is the one who ends up footing that bill...also, there’s retaliation, which f’d our farmers in both the short and long run.

#EpicFail
Chinese exporters do not pay the tariffs.

Rather, US importers pay the cost of the duties when the goods come into American ports.

"A business will, if it can, pass its higher after-tax costs on to consumers,"

google.com/amp/s/amp.busi…
“[We] find that the full incidence of the tariff falls on domestic consumers, with a reduction in U.S. real income of $1.4 billion per month by the end of 2018,”

forbes.com/sites/johnbrin…
“It took less than four hours to sell off all the tractors, combines and other farm equipment at the Taphorn retirement sale, ending a family tradition that had survived nearly a century.”

google.com/amp/s/mobile.r…
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