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Halls of Shrewd'm / US Policy
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Author: Banksy 🐝🐝  😊 😞
Number: of 48447 
Subject: Re: Who pays tariffs?
Date: 05/06/2025 12:25 PM
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No. of Recommendations: 8
Bessent's brain short-circuits and he can't give an answer. "It's a very complicated question."...

Well Warren Buffett knows the answer:
"Tariffs are actually, we’ve had a lot of experience with them. They’re an act of war, to some degree.
Over time, they are a tax on goods. I mean, the Tooth Fairy doesn’t pay ’em!" ~Warren Buffett

https://finance.yahoo.com/news/warren-buffett-call...
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