Tom BurtonCo-Founder, COO and CTO of LeadSmart Technologies

The truth behind who actually pays for tariffs #TariffImpact

Name: The truth behind who actually pays for tariffs #TariffImpact
Uploaded: 2025-05-28T15:46:14+00:00
Duration: 46 s
Channel: Tom Burton
Description: A short conversational excerpt from a YouTube video by Tom Burton (recorded May 28, 2025) discussing who ultimately pays for tariffs. The speakers use a…

28 May 2025 · 1 min

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A short conversational excerpt from a YouTube video by Tom Burton (recorded May 28, 2025) discussing who ultimately pays for tariffs. The speakers use a 10% tariff baseline as an example and suggest that foreign manufacturers may absorb a substantial portion—roughly half to two-thirds (illustratively ~6% of a 10% tariff)—and that some factories sometimes accept much larger margins cut (20–30%) on particular items.

Chapters

Is that being paid for through price increases, as we've talked about? Is it being paid for by margins in our distribution companies? Is it who, you know, manufacturers. Who is paying for that? I mean, that's a substantial a substantial increase of costs that has to be passed on somewhere or absorbed, I guess is the right word. Somewhere.
Yep. So, I mean, think about it, though, for a moment. Let's just say let's just use the 10% baseline. Right. You'll probably would see from the foreign manufacturers at least half of that, if not two thirds of that picked up. So let's just say 6% of it gets picked up by factories. I mean, I'm hearing people talking about factories that are, you know, willing to eat 20, 30% on some stuff sometimes.