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1. Are tariffs a tax on the firms exporting to the US, or on the US firm that is buying those imports (who pays the

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1. Are tariffs a tax on the firms exporting to the US, or on the US firm that is buying those imports (who pays the tariff)? Who do you believe ultimately pays for increased tariffs - the exporting country or the importing country? Why are tariffs bad for the economy? Perform research to back up your position

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