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Mark Pocan: “The importer is paying the tariff, but who ultimately pays…”

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

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With Liberty and Justice for Some Ep. 58 How are Tariffs Impacting Local Small Businesses?

Published | Video Starts at 35:53

At the end of the day, I asked this question of the Secretary of Treasury and he had a very hard time answering it, probably because he couldn't answer it truthfully. But at the end of the day, yes, The importer is paying the tariff, but who ultimately pays for tariffs? It's clearly the customer. It's clearly the customer. Right. I mean, it's already booze is already a three tiered system. (35:53–35:58)

CLAIM

Asserts that while importers pay tariffs initially, the cost is ultimately borne by consumers.

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