What are tariffs and how do they work?
- Tariffs are a tax on imports, typically charged as a percentage of the price a buyer pays a foreign seller.
- The government collected around $80 billion in tariffs and fees in the fiscal year that ended Sept. 30.
- Economists generally consider tariffs self-defeating, as they raise costs for companies and consumers that rely on imports.
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Total News Sources0
Leaning Left8Leaning Right1Center36Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 18%
C 80%
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