Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 4 days agoELI5 how tariffs work. Are they not just like taxes one country puts on another? If so why do people especially republicans keep with Trump on imposing? Would it not hurt the US?message-squaremessage-square20fedilinkarrow-up145arrow-down15
arrow-up140arrow-down1message-squareELI5 how tariffs work. Are they not just like taxes one country puts on another? If so why do people especially republicans keep with Trump on imposing? Would it not hurt the US?Don_Dickle@lemmy.worldM to Explain Like I'm Five@lemmy.worldEnglish · 4 days agomessage-square20fedilink
minus-squareAtomiclinkfedilinkEnglisharrow-up4·2 days agoNo. Mostly they’re put in place to protect the domestic industry from being run out of business from cheap exports.
No. Mostly they’re put in place to protect the domestic industry from being run out of business from cheap exports.