I mean realistically tariffs will be distributed across expoter/importer/purchaser. Simply because tariffs force renegotiations on price.
However, it’s likely that the importer/purchaser will take the larger hit, but it depends on what percentage US orders make of the exporters business and what their margins are.
…and how much that supply can be redirected. Like, say, into an internal market. Which, just hypothetically, their government might incentivise to bolster their image of harbingers of material wealth as well as to piledrive the US into oblivion.
I mean realistically tariffs will be distributed across expoter/importer/purchaser. Simply because tariffs force renegotiations on price.
However, it’s likely that the importer/purchaser will take the larger hit, but it depends on what percentage US orders make of the exporters business and what their margins are.
…and how much that supply can be redirected. Like, say, into an internal market. Which, just hypothetically, their government might incentivise to bolster their image of harbingers of material wealth as well as to piledrive the US into oblivion.
China can also redirect their exports and imports whcin are they are already doing.
Soybeans from BR for example.