Comment by gpsx

To be fair, the portion of the tariffs passed on to the consumer is a regressive tax. The portion of the tariff that is covered by the American companies is more complicated and probably goes mostly against the wealthy. (Then, of course, there’s the portion of the tariffs, covered by the foreign companies, which is article is saying it’s not a large portion.) There is hope the consumer is not completely screwed. We will have to see how it turns out. (I am not a fan of tariffs or the administration, but I am ok with people who are.)