Understanding U.S. Tariffs & Why They Matter.
- The Chairman
- Jul 3
- 2 min read

Let me walk you through a few excellent questions about whether non‑U.S. companies should pay a fee (a tariff) to access our great American market, and explain in clear, actionable terms what a tariff is, how it’s collected, where the money goes, and how it benefits the U.S.
✅ What is a Tariff? A tariff is a tax levied by our federal government on goods imported into the United States.It serves three main purposes:• Raise revenue for the U.S. Treasury.• Protect American industries & workers by making foreign goods more expensive (leveling the playing field).• Act as a bargaining chip in trade negotiations.
💰 How & When Are Tariffs Collected? Tariffs are collected at the port of entry, when goods physically arrive in the U.S. — whether that’s at a seaport, airport, or border crossing.• Importers are required to declare the goods, submit documentation, and pay the applicable duty before the goods are released.• The rate is determined by the Harmonized Tariff Schedule of the United States (HTSUS) — based on:– Product type– Declared value– Country of origin
🛃 Who Collects the Tariff? U.S. Customs & Border Protection (CBP) — part of the Department of Homeland Security.• CBP verifies paperwork, inspects goods if needed, and collects the payment from the importer.
🏦 Where Does the Money Go? The revenue goes into the General Fund of the U.S. Treasury, administered by the Department of the Treasury.• Those funds help pay for everything from national defense to highways, health programs, and debt service.
🇺🇸 How Does the U.S. Benefit? Tariffs benefit us in several measurable ways:• Revenue stream: Billions of dollars a year bolster the federal budget.• Domestic job support: Protects U.S. manufacturers, farmers, and workers from unfair foreign competition.• Strategic leverage: Used in trade talks to encourage other countries to open their markets to U.S. goods or to curb unfair practices.
📌 Should Other Countries Pay a Fee? I believe — and history supports this — that access to the largest, most lucrative market in the world is a privilege, not a right.• Countries that dump cheap goods, use child labor, or manipulate their currencies absolutely should face tariffs.• Partners who trade fairly and sign agreements with enforceable rules can (and often do) receive lower or zero tariffs under Free Trade Agreements (FTAs).
🔔 Remember: Listen. Believe. Measure. — listen to what they say about “free trade,” believe their actions not just their words, and measure the results for American workers.
#FairTrade#AmericaFirst#ProtectAmericanJobs#TradeWithRespect#MadeInUSA#EconomicPatriotism#StopUnfairTrade#LevelThePlayingField#USMFG (U.S. Manufacturing)#ReciprocalTrade#SecureOurFuture#ListenBelieveMeasure
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