Title: When the US imposes tariffs on Chinese goods, who pays? - ABC News
Headings: When the US imposes tariffs on Chinese goods, who pays?
When the US imposes tariffs on Chinese goods, who pays?
President Trump delays additional tariffs with China

Content: (MORE: US delays tariffs on cellphones, laptops and toys from China)
When a tariff is placed on goods, the company importing those products from a foreign country has to pay that added duty. The choice companies have to make is choosing between paying for the tariff themselves or passing that cost on to the consumer. The size of the company and the cost of the import tax can influence that decision making process. “Retailers still want to protect their customers against potential price increases that would come with any additional tariffs, but with the latest proposed tariffs on hold for now and warehouses bulging, there’s only so much they can do,” Jonathan Gold said, NRF vice president for supply chain and customs policy. Rick Friedman/Corbis via Getty Images
Chinese cargo ship at the port of Long Beach in California, June 7, 2012. The stock market suffered two of the biggest drops of the year since Trump announced the new round of tariffs. On August 5, the Dow Jones Industrial Average lost more than 760 points after Trump accused China of manipulating their currency. China dropped the price of their currency to an almost a historic low. It’s called “currency manipulation.”