General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOnce Drumph's tariffs take place. Questions
Where do the funds go? I will assume to the government.
Could 45 see them as funds to pillage?
Who will make sure they arent stolen (by Trump?)

jimfields33
(19,382 posts)Will it work? Who knows.
moondust
(20,782 posts)It probably worked somewhat, though it also started retaliatory trade wars. Since the 1980s supply chains, etc., have become so globally interconnected that tariffs will likely hurt some U.S. products as well.
rso
(2,543 posts)Actually, tariffs will not bring additional funds coming in to the USG, consumers will be paying and vendors will receive the funds.
onenote
(44,961 posts)This is why the Harris campaign described the tariffs as a sales "tax".
You may want to modify/clarify your post.
Importers pay higher prices for imported goods which are then passed on to the consumer. Any additional funds coming in to the USG are very modest.
onenote
(44,961 posts)As a practical matter they are no different than ant tax imposed on a company in that they produce revenue for the government and increase the costs incurred by the entity paying the tariff which then has the choice of eating those costs or passing them, in whole or part, to consumers.
Sneederbunk
(15,874 posts)Yavin4
(37,115 posts)The two are connected.
keithbvadu2
(40,915 posts)Some Trump Voters Already Regret Their Decision Amid Concerns Over Tariffs, Job Cuts, and Rising Cost
Who gets the money from tariffs?
A tariff is a tax, usually paid by the customer.
Sometimes by the selling country but not often.
It is not called a tax, but my wallet does not know the difference.
https://tinyurl.com/25cw2c5b
A quick primer on tariffs: Theyre a tax on imported goods clothes, shoes, toys, car parts, appliances, you name it. But the extra money does not come from the foreign companies that produce those goods. The American company doing the importing pays the money to the US Treasury.
(That means the gov't.--- the administration.)
They don't seem to mention that they are collecting more taxes.
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Need a bumper sticker...
Have you paid your new Trump sales tax today?