Karen Jackson, Oleksandr Shepotylo
It isn't pretty.
Tariffs are taxes on imports, which make the products more expensive in the importing country.
Donald Trump’s presidency has been marked by a rise in protectionism. His “America First” policy has involved introducing a number of tariffs against imports from the EU, Mexico, Canada and especially China.
Encapsulating his approach, Trump tweeted in March 2018 that “when a country (USA) is losing many billions of dollars on trade...
Read this story at The National Interest