RE:RE:RE:RE:RE:RE:RE:Trump and Danielle SmithThe buyer (importer) pays the tariffs, they are like a tax paid for by the company that imports the goods.
Then they pass these exta costs to the end user (consumer).
As the seller (exporter), you may need to drop your cost as it will now be more expensive for the buyer to keep buying your product like previously.
If you are not able to drop your selling price, the extra 25% for example, may price you out of the market and buyer may look elsewhere (domestic supply, Opec).
The production you sell to refineries in Cda is not impacted.
filefish wrote: Can anyone explain how a 25% tariff on Canadian oil would impact ATH's production and financials , either directly or indirectly. Who actually pays the tariff? What about production that is not directly shipped to the USA, how is that impacted.?