Claim: the United States then had its largest-ever trade deficit with China
The 2023 goods-and-services deficit with China was well below its 2018 level and was the lowest since 2009.
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How tariffs work—and who initially pays them
Tariffs are collected at the border from the importer of record, but their ultimate economic burden can be distributed across businesses, consumers and foreign suppliers.
Open the record →“China … pays the tariffs, not our people.”
U.S. importers remit tariffs to Customs and Border Protection. Economic costs can then be divided among importers, consumers and foreign suppliers.
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