Understanding Tariffs: What They Are, Their History, and Real-World Examples
What Are Tariffs? The Basics Explained Tariffs are taxes imposed by governments on imported or exported goods. They are typically applied to increase the cost of foreign products, making domestic goods more competitive, or to generate revenue for the government. Tariffs can be fixed (a set amount per unit) or… Read More »Understanding Tariffs: What They Are, Their History, and Real-World Examples