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Old 11-15-19, 08:47 PM
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Koyote
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Here is an NPR piece that lays out some of the info on the bicycle market.

And here is a piece from NBER (which is non-partisan and non-profit) which briefly explains that US consumers have actually paid most of the tariffs (on all products) in the form of higher prices. Another excellent study from some top academic economists estimates that 95% of the tariffs have been passed on to US consumers in the form of higher prices.

Note that this is all contrary to the claims of the self-professed "tariff man" that China is actually paying the tariffs. In reality, tariffs imposed on imports to the US are a tax on US consumers; that result has been well-understood by economists for a looong time, and was widely predicted to be the end result of the current tariff war.

To the extent that the resulting higher prices reduce sales (which is pretty typical result of higher prices), then the tariffs also hurt retailers.

Last edited by Koyote; 11-15-19 at 08:51 PM.
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