Bloomberg Television
@markets·3.2M subscribers·95.6K videos
How do the Trump tariffs work? Who pays, who collects and more #politics
Posted
February 6, 2025
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9,704
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February 6, 2025
9,704
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1:00Now PlayingUS President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s largest trade partners. So far he’s implemented 10% levies on China; delayed plans to hit Mexico and Canada with a 25% duty tax; and indicated that he’s coming for the European Union next. Yet beyond all that noise, tariffs have on-the-ground implications. Here’s how they work — from who actually pays to how the revenue is collected.
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