Posted by laura on Tuesday, April 7, 2009 at 4:41pm.
A tariff is a tax. This would increase the cost of shoes to American customers. This would mean that fewer shoes would be sold, thus there would be less profit to the stores. If a tariff were put on an import then the country of origin would be encouraged to put tariffs on imports coming into their country. This would means that fewer American products would be sold abroad.
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