Tariffs make the price of imported goods go up. In the past, most imports were bought by rich people, so they were forced to pay up. Tariffs today would give local manufacturing a big incentive, because average people would really want to buy American.
Tariffs make the price of imported goods go up. In the past, most imports were bought by rich people, so they were forced to pay up. Tariffs today would give local manufacturing a big incentive, because average people would really want to buy American.