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Explainer: Who really pays for U.S. tariffs?

NAMPA / Xinhua
2026-02-14
WASHINGTON, Feb. 14 (Xinhua) -- When U.S. President Donald Trump unveiled his sweeping tariff package in 2025, he framed it as a cost to be borne by foreign exporters and governments. Ten months later, the tariffs remain in force. By September 2025, the trade-weighted statutory rate had climbed to roughly 27 percent -- the highest level in nearly a century -- though the effective rate paid by importers was closer to 14 percent, according to a......
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