Not how tariffs work. U.S. consumers who purchase Chinese made/grown/mined goods are paying the tariffs/duties. Unless the importer (WalMart, Target, Best Buy, Dollar General, etc, etc.) choose not to pass the tariff along. China only “pays” thru lost sales (if any) or voluntary price reductions (if any).
https://www.cbp.gov/sites/default/files/documents/Importing%20into%20the%20U.S.pdf
“Not how tariffs work. U.S. consumers who purchase Chinese made/grown/mined goods are paying the tariffs/duties. Unless the importer (WalMart, Target, Best Buy, Dollar General, etc, etc.) choose not to pass the tariff along. China only “pays” thru lost sales (if any) or voluntary price reductions (if any).”
Correctomundo. Of course, the higher the tariffs go on Chicom stuff, the more consumers will likely buy from alternate sources (goods sold at a lesser price made in Vietnam, etc. and reducing the difference in prices between Chicom and American goods, conceivably moving some U.S. purchasers to buy made-in-America products. China would lose a sale and some other country (maybe the U.S.) would pick up a sale. The higher the tariff, the more pain inflicted on China. (As noted by others, the Chicoms could prevent some of this by absorbing some of the increased price, but there again they are experiencing pain.)
That may be how tariffs generally work, but under the Trump administration it looks like China is paying into the US Treasury. Here it is straight from OUR President. https://twitter.com/realdonaldtrump/status/1126815126584266753?s=21