Who exactly bears the tariffs? U.S. Treasury Secretary gets grilled by lawmakers
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On Tuesday, U.S. Congressman Pocan criticized Treasury Secretary Basant, stating that the government's tariff policy is chaotic and unpredictable, severely harming small businesses and consumers in the real economy. He questioned Basant, "Who is paying the tariffs?" and stated that ultimately, it is the ordinary American consumers who bear the costs
On Tuesday, U.S. Congressman Pocan criticized Treasury Secretary Yellen, stating that the government's tariff policy is chaotic and unpredictable, severely harming small businesses and consumers in the real economy.
He questioned Yellen, "Who is paying the tariffs?" and stated that ultimately, it is the ordinary American consumers who bear the costs
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