What's the Story on Tariffs?
A tariff is money collected at the border by a governing authority on goods entering or leaving a country; it's focused on a specified industry or product. A steel tariff on Canada, for example, is supposed to increase business for U.S. steel companies because Canadian steel mills will have to pay an import tax when the product arrives at the U.S. border.
Newsletter articles are posted every 2 weeks.
If you would like to have our e-newsletter delivered directly to your inbox, please sign up. Your information is confidential; you can unsubscribe at any time. Subscribe.