asked 26.0k views
5 votes
How tariffs can help and hurt us in the USA?

2 Answers

5 votes
it gains more money for the rich people and corporations and government. but hurt and take away because it's too expensive for buyers
answered
User Ricardo Fontana
by
7.9k points
7 votes
Tariffs can help domestics producers but can hurt consumers. Governments impose tariffs on imported goods and services to make them more expensive to consumers. Tariff provides revenue to the government and give a price advantage to domestic producers. While it protects domestic industries, it can also hurt foreign producers.
answered
User Bsegraves
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.