A tariff is fundamentally a tax on imported goods; the exporter or importer may absorb some of it to maintain market share, but otherwise it is paid by the end consumer in the form of a price increase.
definitionpending
Speaker
Howard MarksEvidence Quote
“In other words, it's a tax... the tariff will be paid by the end consumer in the form of a price increase.”
Created: 6/18/2026, 2:18:14 PM
My Notes
Loading notes...