RE: of course, sanctions and tariffs
Posted on: January 7, 2020 at 08:55:42 CT
BH O'bonga MU
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Tariffs cause increased costs for the purchasers of imported foreign goods, as compared to customers of competitive domestically produced goods. The only way foreign goods can complete and maintain sales is for them to lower the cost of their goods. Either way, tariffs decrease income for the foreign importer.