Yesterday 8:51 am
And exactly how does that change what I stated?maineman » Yesterday, 5:18 pm » wrote: ↑ More appliances are made in China than any other country. Lots of companies have their appliances made there.
And again. CHINA doesn't pay a US tariff, the importing company does and it pays it to the US government and then passes the cost increase on to the consumer. EVERY. ****. TIME.
Regardless of whose pocket the tariff comes out of, IT RAISES THE COST OF GOODS COMING FROM CHINA, or whatever country an importer buys from. NO importer is locked into purchasing goods from China when they aren't charged an additional tariff if they buy from them. That importer has the option to find another source in a country that ISN'T charged the tariff, costing China a customer, or the importer can demand a price cut on the items they're purchasing if they want to keep them as a customer that would cover that increased cost.
Here, read it and educate yourself:
DO CHINESE SUPPLIERS BEAR THE COSTS OF U.S. TARIFFS?
Chinese suppliers do shoulder some of the cost of U.S. tariffs in indirect ways. Exporters sometimes, for instance, are forced to offer U.S. importers a discount to help defray the costs of higher U.S. duties. Chinese companies might also lose business if U.S. importers find another tariff-free source of the same goods outside China.