U.S. companies bearing the brunt of Trump's China tariffs, says Moody's

European Stocks Set for Positive Open, Defying Market Gloom Elsewhere That means U.S. importers pay around 18.5% more in price for a Chinese product subject to that 20% tariff rate, while Chinese exporters receive 1.5% less for the same product, according to the report. “A majority of the cost of tariffs have been passed on to US importers,” Moody’s said in the report. “If the tariffs remain in place, pressure on US retailers will likely rise, leading to a greater pass-through to consumer prices,” the agency added. Higher trade tariffs came into force during former U.S. President Donald Trump’s term….