In this explainer, CSIS breaks down how tariffs work, who pays them, and what they mean for consumers and businesses. --------------------------------------------------------------------- Subscribe to our channel: http://cs.is/2dCfTve CSIS is the world's #1 defense and national security think tank. Visit http://www.csis.org to find more of our work as we bring bipartisan solutions to the world's greatest challenges. Check out the rest of our videos here: http://cs.is/2dolqpj Follow CSIS on Twitter: http://twitter.com/csis On Facebook: http://www.facebook.com/CSIS.org And on Instagram: http://www.instagram.com/csis/