Source: Business Insider
Hugo Herrera fo BIIf you're an American who buys things or sells things, you're going to take a financial hit from President Donald Trump's tariffs. The science of economics might be dismal, but it's good enough to tell you that when the government increases the price of imported goods by anywhere from 10% to 145%, someone has to pay — be they importer, buyer, manufacturer, seller, or consumer. That's just the way the Great Material Continuum works.
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