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20 votes
20 votes
How do you think high tariffs on goods brought into the United States helped

American industry?
please help!

User Guillaume Polet
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2 Answers

13 votes
13 votes

Answer: Tariffs have historically served a key role in the trade policy of the United States. Their purpose was to generate revenue for the federal government and to allow for import substitution industrialization (industrialization of a nation by replacing foreign imports with domestic production) by acting as a protective barrier around infant industries.

Step-by-step explanation:

Hope it helps

User Nobism
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25 votes
25 votes
It created jobs for the US and increased employment and incomes as well and also lowered prices
User Jesper Juhl
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