ye7 Who Pays for Tariffs? Here’s What You Need to Know.

President Trump is moving forward with extensive tariffs on America’s closest trading partners. Beginning Tuesday, companies bringing products into the United States from Canada and Mexico will pay a 25 percent tariff; importers bringing products in from China will pay an additional 10 percent on top of existing levies.

The president has insisted that these tariffs will not increase prices for American consumers and that if anyone pays the cost, it will be foreign countries.

But a simple review of how tariffs work suggests that is not the case. Here’s what to know about who pays.

A tariff is an extra surcharge put onto a good when it comes into the United States. It is the so-called importer of record — the companies responsible for importing that product — that physically pays tariffs to the federal government.

The tariff fee of 10 percent or 25 percent is often charged not on the full sticker price of the good you see at the store, but a lower import price that companies pay to buy a good from abroad, before they mark up the price for sale at a store.

Many importers of record are enrolled in the government’s electronic payment program,og777 and have tariff fees automatically deducted from their bank accounts as they bring products into the country. Tariff revenue is collected by U.S. Customs and Border Protection, though Mr. Trump has floated the idea of creating an entirely new agency to deal with money earned from his tariffs.

“Leaving him was unthinkable,” Mrs. Anguiano said. “I felt like I was abandoning him.”

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