Your costs, in effect, will increase, and your profit margin probably isn't high enough to absorb the tax, even if you wanted to.
Normally, we'd expect the tariff to be passed on to U.S. consumers. Donald Trump, however, loves tariffs and insists that they are paid by foreigners.
The notion that tariffs are a tax on U.S. consumers is a lie pushed by outsourcers and the Chinese Communist Party, a spokesperson for the Republican National Committee recently declared.
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