Democrat presses Bessent: Who pays tariffs?
During an oversight hearing, Rep. Mark Pocan (D-WI) pressed Treasury Secretary Scott Bessent over who pays the tariffs imposed by President Trump. American businesses that import goods initially pay tariffs, and businesses may then pass on some or all of the cost on to consumers through higher prices.
Admin | May 08, 2025
During an oversight hearing, Rep. Mark Pocan (D-WI) pressed Treasury Secretary Scott Bessent over who pays the tariffs imposed by President Trump. American businesses that import goods initially pay tariffs, and businesses may then pass on some or all of the cost on to consumers through higher prices.
COMMENTS
POST YOUR COMMENT HERE
Comments are moderated and generally will be posted if they are on-topic and not abusive.