Who Pays for U.S. Tariffs, and Where Does the Money Go?
The New York TimesMonday, July 28, 2025 at 7:49:44 PM
This article dives into the real-world impact of U.S. tariffs—those taxes on imported goods you’ve probably heard about in trade wars. Turns out, it’s not foreign companies footing the bill; American businesses and consumers often end up paying more, whether through higher prices or squeezed profit margins. The piece also tracks where that tariff money actually goes (spoiler: mostly the U.S. Treasury) and why the economic ripple effects might not be what politicians promise.
Editor’s Note: Tariffs sound simple—tax imports, protect local jobs—but the reality’s messier. This story matters because it peels back the curtain on who really bears the cost (hint: it’s usually you at the checkout line) and whether these policies deliver on their hype. With global trade tensions flaring up again, understanding tariffs is key to cutting through the political noise.
— Curated via WP Now’s
