Andrew Chatzky

Jun 24, 2024 | homelandsecuritynewswire.com | Andrew Chatzky |Anshu Siripurapu |Noah Berman

TARIFFSWhat Are Tariffs? Published 24 June 2024U.S. Presidents Trump and Biden have both turned to tariffs to support local industries amid economic confrontation with China. Here’s how these taxes work and how they’ve been used historically. SUMMARY·  Tariffs are a form of tax applied on imports from other countries. Economists say the costs are largely passed on to consumers.