You’ve been told that tariffs
are paid by other countries.
TRADE · TAXES · COST OF LIVING
Tariffs on imports are taxes paid by
American companies at the border,
costs that are typically passed.
They aren’t.
A tariff is a tax on goods coming
into the United States. The bill
goes to the American company
importing it. That company pays U.S.
Customs. The money goes to the U.S.
Treasury. On a $1,000 laptop, that’s
$150 at the border. On toys,
clothes, appliances, phones — the…
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The $1.241 Trillion
Experiment
TRADE · MACROECONOMICS · BUSINESS
In 2025, U.S. tariffs imposed under
the International Emergency Economic
Powers Act aimed to reduce the
trade.
We Paid the Tariffs. The Deficit
Stayed–and the Court Hit Back
The warehouse manager in Elizabeth,
New Jersey, still keeps the…
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