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Trump Displays a Tenuous Grasp of How Tariffs Work

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President Trump announced that if he does not approve of the results of U.S.-China trade talks, he will raise a current 10 percent tariff on $200 billion of Chinese goods to 25 percent. President Trump has a fundamental misunderstanding of who pays tariffs.


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About The Author

Ryan Young

FEE's mission is to inspire, educate, and connect future leaders with the economic, ethical, and legal principles of a free society. These principles include: individual liberty, free-market economics, entrepreneurship, private property, high moral character, and limited government. Visit https://fee.org

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