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Who benefits from a tariff 2024?

Ava Powell | 2023-05-07 14:45:49 | page views：1263
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Lucas Turner

Works at the International Monetary Fund, Lives in Washington, D.C., USA.
The benefits of tariffs are uneven. Because a tariff is a tax, the government will see increased revenue as imports enter the domestic market. Domestic industries also benefit from a reduction in competition, since import prices are artificially inflated.
2023-05-09 14:45:49
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Ethan Adams

QuesHub.com delivers expert answers and knowledge to you.
The benefits of tariffs are uneven. Because a tariff is a tax, the government will see increased revenue as imports enter the domestic market. Domestic industries also benefit from a reduction in competition, since import prices are artificially inflated.
The Basics Of Tariffs And Trade Barriers - Investopedia
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