Tariffs: What are they, who pays for them and who do they benefit?
Monica Morlacco By Darrin S. Joy The United States government first implemented tariffs shortly after the Constitution’s ratification to help fund the young nation’s government. Over time, these taxes on internationally traded goods largely fell out of favor, only to resurface between World Wars I and II before fading again. Recently, tariffs have once again emerged as a favored policy tool, sparking debate over their impact and effectiveness. Monica Morlacco, […]