Who Really Pays for U.S. Tariffs – And Where Does the Money Go?
Who Really Pays for U.S. Tariffs – And Where Does the Money Go? Published: July 29, 2025 By: MindsetMasteries.org Introduction Tariffs have become one of the biggest buzzwords in global economics — especially since President Trump came back into office. He has used tariffs as a tool for multiple goals: increasing government income, reducing the trade gap between the U.S. and other countries, and encouraging factories to bring production back to America. But a lot of people are still confused about how tariffs actually work. Most importantly — who really pays for these tariffs? And where does the money go after it's collected? In this article, we’ll break everything down using simple, clear language. Whether you’re in the U.K., U.S., Canada, or elsewhere, you’ll understand exactly how tariffs work — and how they affect everyday people. What Is a Tariff? A tariff is a kind of tax that a government adds to goods coming into the country from abroad. Imagine a fee placed on...