Yes, Trump Tariffs Are Costing Billions. No, China Isn’t Paying
U.S. President Donald Trump listens during a trade meeting with Liu He, China’s vice premier and director of the central leading group of the Chinese Communist Party, not pictured, in the Oval Office of the White House in Washington, D.C., U.S. (Photographer: Al Drago/Bloomberg)

Yes, Trump Tariffs Are Costing Billions. No, China Isn’t Paying

(Bloomberg) -- President Donald Trump is justifying raising tariffs on Chinese imports on grounds they are helping the U.S. economy and are mostly paid by China. The opposite is true, economists say.
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