What are tariffs and who pays for them?
Business
What exactly are tariffs? Who ends up paying them? And why is the European Commission—not individual EU countries—handling trade negotiations? In this video, we explain how tariffs work using concrete examples, such as imported shoes and a real-life "Chicken War" between the EU and the US. You’ll learn: 00:16 What tariffs are and how they function 01:05 Who actually bears the cost (spoiler: it’s not always who you think) 01:21: What is the essence of tariffs? Chickens vs. cars 01:47 Why the
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