Why Americans are not paying for tariffs

Editor’s note: Curtis Ellis lays out the mechanics of why the tariffs are not raising prices.  Exclusive: Curtis Ellis explains ‘myriad (illegal) subsidies’ China continues to use [Curtis Ellis | November 29, 2019 | WND] Today we witnessed a central rite of one of the world’s great and growing state-sponsored religions. We saw frenzied acolytes…

Who Pays the Tax on Imports from China?

Editor’s note: The Fed quietly admits, in this recent blog post, that tariffs are not increasing import prices. This is a big admission, which counters the assertions of Princeton economists who released a study claiming the opposite.   [Matthew Higgins, Thomas Klitgaard, and Michael Nattinger | November 28, 2019 | Liberty Street Economics] Tariffs are a…