I work with tariffs daily but there are tons of people who are clueless. I think if you quiz the average person on the street and ask them how tariffs work, most of them will fail to define it correctly. A surprisingly large number don’t know it’s a tax on the importer. A surprisingly large number don’t even know it’s a type of tax.
How does anyone with an IQ above 70 not know this?? Are these billboards really necessary? What do they think tariffs are if not for a tax?
I work with tariffs daily but there are tons of people who are clueless. I think if you quiz the average person on the street and ask them how tariffs work, most of them will fail to define it correctly. A surprisingly large number don’t know it’s a tax on the importer. A surprisingly large number don’t even know it’s a type of tax.