Benefits us economy-will inflation occur hurting us economy

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Reference no: EM133285461

Assignment:

1. Tariffs create winners and losers. President Trump has proposed several tariffs on imports from foreign countries. Describe in detail the outcome you would predict, an increase in US production in turn benefitting the US economy or will inflation occur hurting the US economy?

2. If the US raises tariffs out of a desire for goods to be made domestically, describe how you suppose other countries will respond. Remember this will cause many of the foreign countries to have excess goods.

3. Help with sharing my own perspective on how international tariffs might impact you. Consider the impact tariffs have on my life or that of my family.

Use APA formatting for any outside sources you use to reinforce your position.

Reference no: EM133285461

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