TESU Effects of Tariffs on the American Economy Essay

Written Assignment 6

Many have advocated that we impose tariffs to help the American economy. Name a group that would benefit from the imposition of such tariffs and explain how they would benefit. Then, name a group that would be disadvantaged from the imposition of such tariffs and explain how they would be disadvantaged. Compare the overall economic situation in the United States with the tariffs you discuss to the overall economic situation in the United States with trade and no tariffs.