Both political parties like tariffs. But tariffs are bad. Tariffs restrict trade in every scenario. This is not good because trade makes economies healthier. It allows more people to be better off. Tariffs result in increased prices that both producers and consumers do not want to pay. This causes everything to cost more. Because of this tariffs are bad overall for economies.
Chapter 18 Watch, Post, and Reply (DB 16)
Tariffs
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