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[-] mkwt@lemmy.world 28 points 6 days ago

The person or company who imports the goods pays the tariffs. The tariffs go to the US Treasury where they are mixed with other revenue like income tax. The government then spends that money on all of the usual stuff.

[-] curbstickle@lemmy.dbzer0.com 38 points 6 days ago

Just to add, the company importing those goods then increases prices to make up for the expense, passing the costs to consumers (Americans). I think that is an important note.

[-] shneancy@lemmy.world 34 points 6 days ago

so, military and harassing citizens?

[-] edgemaster72@lemmy.world 11 points 6 days ago* (last edited 6 days ago)

Unmarked vans, black sites, and plain clothes SS don't just grow on trees

[-] TachyonTele@piefed.social 6 points 6 days ago

(We also will not be spending any of that money on trees)

[-] UltraMagnus0001@lemmy.world 2 points 6 days ago

So, is there an incentive for the tariff payer to keep cost lower and not pass it on to consumer?

[-] ryedaft@sh.itjust.works 5 points 6 days ago

The buyer pays the tariff. There's always an incentive for buyers to keep costs low, tariff or not.

For sellers there might be an incentive to reduce prices under some circumstances:

  1. If the seller can't compete with American products once tariff is added - rarely applicable and you may as well see American products increase their prices to increase profits
  2. If your customers are very price sensitive and might go without your product or find an alternative (so not medication, but some foods perhaps) but you would expect those products to already have low margins so you can't really reduce your prices
this post was submitted on 01 Aug 2025
604 points (97.9% liked)

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