Axios
Let’s go back to basics. What is a tariff, what role do they play in the economy, and how have they been applied, both historically and now?The big picture: Tariffs were once the primary way the United States collected tax revenue, but over time elected leaders and economists alike have rejected them for their many downsides…
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Tariffs: What they are and how they work
Neil Irwin
18:21
Let’s go back to basics. What is a tariff, what role do they play in the economy, and how have they been applied, both historically and now?The big picture: Tariffs were once the primary way the United States collected tax revenue, but over time elected leaders and economists alike have rejected them for their many
