What are political and economic argument supporting tariff

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Reference no: EM132216350

1. What are the political and economic argument supporting the tariff on Chinese tire imports, if any?

2. What stakeholder groups are affected by the tariff? Think of the importing country (US), exporting country (China), producers, consumers, and related industry such as car producers, tire shops, etc.

3. Among the stakeholder groups, who benefit from the tariff? Who lose from the tariff?

4. Will the tariff help increase employment in US tire manufacturing industry? Why and why not?

5. What can Chinese tire exporters do to reduce the impact of tariff? (Optional)

Reference no: EM132216350

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