The relationship between tariffs and economic prosperity has become a central focus of recent trade policy discussions. Historical evidence and current economic indicators suggest that ...

I was introduced to the concept of tariffs over half a century ago when I took my first undergraduate economics class. While ...

In summary, tariffs tend to raise prices and decrease the volume of sales. Thus, having a negative impact on economic activity. The higher the tariff, the larger the impact.

Resistance to sweeping tariffs is expected from the business community and trade-dependent states. Shearing, Capital Economics: The key is, we don’t know what tariffs will be used. Neil Shearing, ...

One must also consider the choice of an importer or seller of a good to “eat” part of the tariff by accepting a lower profit margin to protect sales volume. We all know though, that economics ...

and a key one is that tariffs are not good for the economy in general and for the individual consumer as well. One of the key tenants of economics was first articulated in 1817 by a London ...

In response, several countries imposed retaliatory tariffs and trade plummeted. Many economists view the measure as a factor that exacerbated the nation's economic downturn. "A whole generation of ...