[5-Minute Read] What Are Tariffs? — And How They Differ from Reciprocal Tariffs

You’ve probably come across the word “tariff” in the news or in articles about international trade. But if someone asked you, “What exactly is a tariff?” or “Why do countries impose them?”—would you be able to give a clear answer? In this short read, we’ll break down what tariffs are, why they matter, and how […]

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