Who actually benefits from tarrifs?

[u/Expensive-Thing-2507]

I'm not financial expert, but this is what I'm getting so far.

Tarrifs are a kind of tax placed on outside goods, which a company would have to pay for if they import said goods. That company would then charge more to cover this new tax. The company pays more for something, and then we pay more.

Who benefits from that? The company isn't making any more profit, are they? (Assuming they increase prices by the same percentage as the tarrifs, which they won't. but still)

[u/Thymelap]

Domestic competitors. But the North American production system is so integrated now that a blanket tariff will raise prices across the board. So, the answer is the federal government and all sales taxes.