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I was always taught by conservative commentators that tariffs are eventually passed on to the consumer. this could not be a tax that would be paid by mexico. it would be paid by companies that are selling mexican goods in the united states but they would pass that cost on to the consumer. in other words, the american consumer would pay for this for trump's foreign policy. am i missing something? >> well, i think we'd want to know more about -- you really need to be trade wonk to judge these things. in principle, i agree with what you just said. it was always clear during the campaign that mr. ...

Mexican or american, that are selling mexican goods in the united states, but they will past that cost on to the consumer. in other words, the american consumer would pay for this, for trump's foreign policy. am i missing something? >> well, i think we'd want to know more about -- you really need to be trade wonk to judge these things. you need more detail. in principle, i agree with what you just said. it was always clear during the campaign that mr. trump in saying he would build the wall and he intended that mexico would pay for it, that he expected to extract that payment by reducing the t...