WASHINGTON -- U.S. President Donald Trump's claim that he has brought in "hundreds and hundreds of billions of dollars" from China through tariffs has been repeatedly rebutted by economists who note that the tariffs are actually paid by U.S.-based importers, not China or its businesses.
Trump administration
Trump tariffs may signal stealthy shift to consumption tax, analysts say
U.S. consumers would pay more to fund transition away from income tax
A shopper at a supermarket in New York City. U.S. consumers may end up shouldering President Donald Trump's tariffs, analysts say. © Reuters
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