2 ms·
Just most of them. Certainly there are some edge cases where the other country's tariffs are so egregious the damage to the home country's citizens/ economy is
by tclancy 8y ago
Just most of them. Certainly there are some edge cases where the other country's tariffs are so egregious the damage to the home country's citizens/ economy is helped by the tariff and they can be used to prevent dumping, but in anything close to ideal markets/ classical economics, tariffs are more likely to impose a cost on the host country's consumers while giving most of the benefit to a small group.