President Trump likes to say that China and other countries are pouring money into the U.S. with the tariffs he has imposed. However, the countries that are sending goods to us aren’t paying the tariffs . While they took a jump in the second half of fiscal 2018 (September) from the first half, they have almost doubled in the December quarter compared to the first half of fiscal 2018 before the additional tariffs were imposed. First half of fiscal 2018: $3.1 billion per monthSecond half of fiscal 2018: $3.8 billion per monthFirst quarter of fiscal 2019: $6.0 billion per month Increase of 95% from the first halfDelta between $6.0 and $3.1 billion is $2.9 billionThe $2.9 billion monthly increase in customs duties over a full year is $35 billion, which is either passed on to consumers in higher prices or eats into company profits. A key question is; are U.S. customers willing to pay higher prices for goods made in the U.S?

Source: Forbes January 12, 2019 14:15 UTC