Tariffs function as a large tax increase paid not by foreign exporters but by the importing company and ultimately the consumer; the fact that tariff revenue is flowing to the government proves exporters are not absorbing the cost.

causalpending

Speaker

Michael Pento

Evidence Quote

It's the importer the importing company pays it and then the consumer pays it.

Source

$3,500 GOLD – IS A DEPRESSION NEXT? | MICHAEL PENTOSoar Financially
Created: 6/18/2026, 1:59:11 PM

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