International Trade and tariffs are in the headlines as the Trump Administration negotiates trade with China. The president claims that the United States is making a lot of money from China paying tariffs to the United States. His statements and Tweets part correct, part incorrect.

A. Please detail how you would explain the president how tariffs work including, how revenue is generated for the importer (United States).

B. Who pays for tariffs?

C. How is disruption in the supply chain due to Covid-19 impacting trade and the overall economy?