Don_Dickle@lemmy.worldM to

Explain Like I'm Five@lemmy.worldEnglish · 2 months ago

ELI5 how tariffs work. Are they not just like taxes one country puts on another? If so why do people especially republicans keep with Trump on imposing? Would it not hurt the US?

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ELI5 how tariffs work. Are they not just like taxes one country puts on another? If so why do people especially republicans keep with Trump on imposing? Would it not hurt the US?

Don_Dickle@lemmy.worldM to

Explain Like I'm Five@lemmy.worldEnglish · 2 months ago

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2 months ago
Subsidies of local produced goods would work just a well, and not increase process to consumers as much.

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