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We often hear about tariffs used to protect American jobs or leverage trade deals. But we also hear warnings about rising prices and trade wars. So, what’s the real story? Let’s break down the pros and cons.
National Security & Self-Reliance: This gained a lot of traction recently. Relying too heavily on other countries for essential goods such as medical supplies during a pandemic or critical tech components can be risky. Tariffs can encourage domestic production of these vital items, making our supply chains more secure.
