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What are effects of tariffs on consumers?

User Jasxir
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1 Answer

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Answer: Increases in the price of imported goods.

Explanation: Tariffs are often known to "hurt" consumers or they are viewed negatively by consumers. The prices are increased because usually, the importer has to pay a tax through the tariff, the producer wants to increase the profit so they won't lose any extra profit. I hope this helped!

User Mtj
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