General Discussion

Tax = tariff

A Tariff paid goes to FED govt
JUST LIKE a Fed Tax paid goes to FED govt

The Product imported is hit with tariff,
Thus now after paying for the product, and the tariff on product import
THAT is importers’ COST OF GOODS.

X = cost of goods

For an Example… a 25% tariff

X times 1.25, equals X plus (X x .25)

Thus a de facto TAX


Now whether the importer decides to fully pass on those increases
in his/her’s Cost of Goods due to tariffs is up to the importer.

Most importers will indeed pass on 100% of the added products cost
due to price increases caused by tariffs,,,, AND most importers will
also Markup that additional product costs too.