Trump's China tariffs: Paid by US importers, not by China

August 02, 2019 9:29 AM

CHICAGO (REUTERS) - With US President Donald Trump's announcement on Thursday of tariffs on another US$300 billion (S$412 billion) of Chinese imports, nearly all goods from China will be subject to import taxes, and Mr Trump says they generate billions of dollars in revenues for the US Treasury from China.

from
The Straits Times World News