• Understanding Tariffs and Impact on the U.S. Economy

  • Nov 29 2024
  • Length: 13 mins
  • Podcast

Understanding Tariffs and Impact on the U.S. Economy

  • Summary



  • In the latest episode of Lest We Forget Historical, host Lillian Cauldwell explains tariffs and their role in our economy. A tariff is a tax on goods produced outside the United States and imported into the country. The issue with tariffs is that nations impacted by our import taxes may retaliate by increasing their tariffs to protect their domestic goods and products.

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