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8 November, 15:20

Who would be hurt most by high tariffs

Answers (2)
  1. 8 November, 15:57
    Both people from other countries and traders in our country.


    Politicians usually propose import tariffs to offset the supposed price benefits and exert pressure for policy changes abroad. What proponents often fail to notice is that such tariff policies, while certainly hurting their targets, can also be very costly at home. And suddenly, the self-inflicted harm can be substantial even when trade partners do not retaliate with tariffs of their own.
  2. 8 November, 15:58
    Poor people beacuse they wouldent have enough money to pay them.
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