Part 1/9:
Examining the Impacts of Tariffs and Economic Protectionism
In discussions surrounding economic policies, the concept of tariffs often comes to the forefront, especially in the context of current events such as "Freedom Day," a term associated with Donald Trump's proposed tariff impositions. The debate around tariffs brings forth critical questions about their effectiveness, particularly in the context of improving living standards in the U.S. and achieving economic protectionism for domestic industries.