First and foremost we have to make it clear what tariffs are: Tariffs are taxes on international companies importing goods from other nations. These taxes are designed to force companies to import from countries outside of the tariff list or produce goods domestically. The primary targets of tariffs are actually corporations. The secondary targets are countries on the tariff list.
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Is this just another cycle, or is it the END? Martin Armstrong of Armstrong Economics published an article this week about the so-called Socrates program and how [more…]
