Explainer: Who pays Trump’s tariffs – China and other exporters or U.S. customers?

CHICAGO (Reuters) – U.S. President Donald Trump said on Sunday he would raise tariffs to 25 percent from 10 percent on $200 billion of Chinese goods.

The United States has levied tariffs on a total of $250 billion of Chinese imports, global steel and aluminum imports, and shipments of washing machines and solar panels since January 2018, when Trump’s administration levied its first trade tariffs.

Trump has referred to himself as a “Tariff Man” and says the duties he has imposed on a range of goods and metal imports are filling up state coffers.

View the complete May 5 article by Rajesh Kumar Sing with additonal reporting by Yawen Chen on the Reuters website here.