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Posted: 2025-05-08 13:20:36 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-08 13:21:17 UTC
Verified By
Rollup News
Scott Bessent is criticized for his understanding of tariffs, with the argument that tariffs are paid by the importer, not China, leading to higher prices for consumers.
Tariffs are paid by the importer of record.
Tariff costs are passed down to consumers through higher prices.
Misunderstanding of how tariffs work.
Economic impact of tariffs on consumers.