Who do you think? Because as I've been pointing out, it's not showing up in consumer prices like all the economists were worried about. So the model is clear. 10% tariffs or less are paid by the manufacturers, the distributors, the businesses. The consumer doesn't pay. Right? The consumer doesn't pay because the sellers don't want to raise their price because if they could, they would have, but they don't want to sell less. (17:30–17:41)
CLAIM
Asserts that tariffs of 10% or less are absorbed by businesses, not consumers.
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