The Story of Tariffs

When the tariffs were initially imposed, we had a devil of a time finding any impact on import pricing. So they were hard to identify as a factor in increased cost of goods from china when they were first imposed. When you remove them, people make business plans and get on with life. That's why the chicken tax is still around, even though it's nearly 60 years ago that lindon johnson imposed a 25 % tariff on imported trucks.