Publication Date
Summer 7-4-2025
Document Type
Article
Abstract
A recent news article suggested that imported commodities will cost consumers a lot more money because of recently implemented tariff policies in the United States. It has sounded to a lot of people that tariffs are a very bad idea.
But are tariffs really not a good idea? Tariff policy and tariffs are relatively complex subjects. Both need to be better understood to decide whether a country’s current tariff policies and the resultant tariffs are a good idea, a bad idea, or maybe a little bit of both.
It is true that a tariff might increase the price of an imported commodity. On the other hand, it is also true that it might not. In fact, it is entirely possible that, if properly administered, a well-orchestrated tariff policy might result in significant benefits to consumers and non-consumers alike.
Page Range
5
Journal Title
Floral Park Villager
Volume (Issue)
July 3, 2025, July 10, 2025
Journal ISSN
N/A
Recommended Citation
Tariffs: Maybe they are not really a bad idea
Document Version
Post Print
