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Mark Pocan: “Most economists say that consumers ultimately pay most of…”

Featuring: Mark Pocan, Democratic | U.S. House, Wisconsin, District 2

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With Liberty and Justice for Some Ep. 51 with Dean Baker

Published | Video Starts at 03:42

Trump claims they've brought in $18 trillion, despite customs and Border Protection saying the total is more like 200 billion. But who's paying that? Is it foreign governments, like he says? And Most economists say that consumers ultimately pay most of the tariff cost, making them in essence, a backdoor tax on all of us. So we all know we're paying more for everything from groceries to durable goods, but is it tariffs that are responsible? (03:42–03:52)

CLAIM

Asserts that economists believe consumers pay most of the tariff cost, acting as a backdoor tax.

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