Most of the elevated tariffs imposed at the height of the U.S.-China trade war have remained in place and affect over half of all trade flows between the two countries, said Moody's.
U.S. exporters also absorbed most of the costs from tariffs imposed by China, according to the report. The ratings agency said in a Monday report that U.S. importers absorbed more than 90% of additional costs resulting from the 20% U.S. tariff on Chinese goods. If the tariffs remain in place, pressure on US retailers will likely rise, leading to a greater pass-through to consumer prices"A majority of the cost of tariffs have been passed on to US importers," Moody's said in the report.
Tariffs disrupt global supply chains and create inflation across the world. . WSJ nytimes .LHSummers elonmusk
Tariffs disrupt the global supply chains and create the inflation. . WSJ nytimes .LHSummers elonmusk
Of course we are. Democrats seem to like that.
U.S company’s needs to start moving back to the U.S.
Are we great again?
Actually! They may Pay them but USConsumers & many Struggling see Everything costing More Appliances & Parts almost impossible to get! POTUS VP SenateDems HouseDemocrats EndTrumpTarifs & work for FairTrade! MSNBC CNN ABC BBCWorld CBC Telemundo AP p2
Why are we even dealing with China when they have Muslims, Christians and other religious people in concentration camps?
打掉牙往肚里吞😂😂😂
China pays the Tariff!!! 🙄
C'mon NO🙄
Here comes the case of US bending over in front of China..
Then they should be able to absorb a $15 minimum wage with no problem.
How old are you? Today is my birthday
Isn't that the same group who gave credit default swaps a triple A rating?
Duh.....