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Detailed text transcripts for TV channel - CNN - 20190619:03:52:00

Price. that puts essentially a tax on their shareholder. its coming out of the profitability. or they simply mark the tariff value up into the retail price of the goods. and that puts the burden of the tariff on the american consumer. essentially creating a consumption tax. so tariffs are paid by lt consumer. never paid by the country in which the tariff is imposed. its a foolish view. >> lets talk about that. >> we are taking in billions and billions of dollars in to our treasury. and companies...
Tariff Value Retail Price United States Consumption Tax Lt Consumer

Detailed text transcripts for TV channel - CNN - 20190619:07:52:00

Sweater. its now a 25% more expensive than it would otherwise have been. so they have two choices here essentially, one is swallow the step up in price. that puts essentially a tax on their shareholder because its coming out of their profitability. or most likely they simply mark the tariff value up into the retail price of the goods. and that puts the burden of the tariff on the american consumer. it essentially creates a consumption tax. so tariffs are paid by the consumer. theyre never paid b...
Step Up United States Tariff Value Retail Price Consumption Tax Donaldj Trump

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