May 12 (UPI) -- White House economic adviser Larry Kudlow clarified that China does not "pay" tariffs imposed by the United States on billions of dollars of imported goods, but said "both sides will suffer."
Appearing on Fox News Sunday, Kudlow contradicted a claim Friday by President Donald Trump in which he said $250 billion worth of tariffs on goods are paid by China" after host Chris Wallace noted the American companies actually pay the tax and often pass it on to consumers.