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What are the benefits of a tariff?

Savannah White | 2023-05-07 14:54:16 | page views：1435
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Alexander Clark

Works at Apple, Lives in Cupertino, CA
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.
2023-05-17 14:54:16
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Lucas Clark

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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