What’s the point of tariffs?
A tariff is a tax placed on goods imported from other countries. Governments use tariffs to make foreign products more expensive, which gives domestic companies a better chance to compete. While at first glance tariffs…
Tag: Do tariffs cause inflation
What’s the point of inflation?
Talk of rising inflation, interest rates, and a resulting recession have been dominating the financial headlines lately, and with good reason. Rising costs aren’t good for the growing number of Canadians (35%) who are under…