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<p>[QUOTE="Alegandron, post: 26713474, member: 51347"]I dealt with tariffs for many years. Most of them were 1-5%. A few higher. Whenever a tariff changed (upwards, and rarely 1-2% changes), we then passed those price increases on to our distributors or major retailers. It was never a problem with them, as they were very aware of the laws/ Tariffs, and they passed those price increases directly on to the Consumer. Don’t let anyone fool you, Tariffs are another name for IMPORT TAXES. That is the definition of Tariffs, and they are ultimately paid by the Consumers of the country that sets the tariff rates (also called Customs or Duties). </p><p><br /></p><p>No country, or foreign agents pay those Tariffs. They are paid by the IMPORTING company that are domiciled within the Importing Country, and those costs are ultimately passed on to their Consumers.</p><p><br /></p><p>The reason why increased Tariffs are a threat to other countries is because DEMAND for those increased tariffed goods will DROP because of the increased PRICES for those goods that are burdened with those increased Tariffs. Goods become more expensive, Consumers don’t have the budgets, and then they buy less. Simple equation, and undercuts a nations economic growth.[/QUOTE]</p><p><br /></p>
[QUOTE="Alegandron, post: 26713474, member: 51347"]I dealt with tariffs for many years. Most of them were 1-5%. A few higher. Whenever a tariff changed (upwards, and rarely 1-2% changes), we then passed those price increases on to our distributors or major retailers. It was never a problem with them, as they were very aware of the laws/ Tariffs, and they passed those price increases directly on to the Consumer. Don’t let anyone fool you, Tariffs are another name for IMPORT TAXES. That is the definition of Tariffs, and they are ultimately paid by the Consumers of the country that sets the tariff rates (also called Customs or Duties). No country, or foreign agents pay those Tariffs. They are paid by the IMPORTING company that are domiciled within the Importing Country, and those costs are ultimately passed on to their Consumers. The reason why increased Tariffs are a threat to other countries is because DEMAND for those increased tariffed goods will DROP because of the increased PRICES for those goods that are burdened with those increased Tariffs. Goods become more expensive, Consumers don’t have the budgets, and then they buy less. Simple equation, and undercuts a nations economic growth.[/QUOTE]
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