Trump’s Tariffs Are Being Picked Up by Corporate America

The U.S. has collected an additional $55 billion in tariffs this year. Corporate America has largely shouldered the bill.

President Trump's new levies, which have pushed the country's tariffs to their highest levels in decades, are typically paid by importers when goods reach U.S. ports. So there is little mystery about who makes that first payment. It is often a manufacturer, a logistics or customs broker, or in some cases a retailer itself that ordered the shipment.

But economists and others have been...

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