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Tariffs, essentially taxes on imported goods, are used for a variety of economic and political purposes. They can be used to protect domestic industries, negotiate trade agreements, raise government revenue, and even as a tool to pressure other countries on non-trade related issues.
Tariffs can generate revenue for the government, which is then used to fund public services or reduce the national debt
By Dennis HerreraTariffs, essentially taxes on imported goods, are used for a variety of economic and political purposes. They can be used to protect domestic industries, negotiate trade agreements, raise government revenue, and even as a tool to pressure other countries on non-trade related issues.
Tariffs can generate revenue for the government, which is then used to fund public services or reduce the national debt