Why does the federal government impose tariffs?

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23-04-2021
Social Studies

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Why does the federal government impose tariffs?

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parismartin00 parismartin00 · Answer 1 · 2021-04-23T18:48:21+02:00

parismartin00 parismartin00

23-04-2021

Governments may impose tariffs to raise revenue or to protect domestic industries—especially nascent ones—from foreign competition. ... Governments that use tariffs to benefit particular industries often do so to protect companies

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