Explained in plain English
Why do countries use tariffs?
Countries use tariffs mainly to protect their own industries from foreign competition, making imported goods more expensive so local products seem better value. They can also be a way to raise revenue for the government. In Trump's case, he used them as a bargaining chip, hoping Canada would change its own trade policies in response.
Stories that explain this
Trump hits Canadian wine and hockey sticks with 50% tariffsQuestions this opens up
Do tariffs always work? What's a trade war? Who benefits from tariffs?This explainer came from a news story
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