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    What Is A Tariff
    What Is A Tariff
    What Is A Tariff
    Ebook61 pages30 minutes

    What Is A Tariff

    By Rachael Reed

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    About this ebook

    What is a Tariff? How It Will Affect You?

    Discover the hidden truth about tariffs and how they silently impact your wallet, your job, and your daily life. In this timely and eye-opening book, you'll learn how tariffs those mysterious "taxes on trade" trickle down into higher grocery bills, inflated car prices, and soaring costs for electronics and clothing.

    With the resurgence of tariffs following the 2024 election, this book dives deep into the policies shaping our economy, exposing who really pays the price (spoiler: it's not foreign companies) and how these taxes put working-class families and small businesses at risk.

    Packed with real-life examples, practical strategies to protect yourself, and insights into smarter trade policies, What is a Tariff? How It Will Affect You? isn't just a book it's your survival guide for navigating the economic turbulence ahead.

    If you're tired of feeling powerless against rising costs and confusing policies, this book gives you the knowledge to fight back, the tools to prepare, and a vision for a more equitable economic future. Get ready to take control because tariffs aren't just taxes on imports, they're taxes on you.

    LanguageEnglish
    PublisherRachael Reed
    Release dateNov 28, 2024
    ISBN9798230019251
    What Is A Tariff

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      Book preview

      What Is A Tariff - Rachael Reed

      Table of Contents

      What is a Tariff? | How It Will Affect You? | TBDB Publishing | ©2024

      Sign up for Rachael Reed's Mailing List

      Further Reading: What is Project 2025? The Easy to Understand Guide

      Also By Rachael Reed

      What is a Tariff?

      How It Will Affect You?

      ––––––––

      TBDB Publishing

      ©2024

      What is a Tariff? How It Will Affect You

      TBDB PUBLISHING

      Copyright © 2024

      All rights reserved. No part of this publication may be reproduced, Resold, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or otherwise

      Chapter 1: What is a Tariff?

      Chapter 2: Why This Book Matters

      Chapter 3: Tariffs 101

      Chapter 4: Donald Trump’s Historical Approach to Tariffs

      Chapter 5: The 2024 Tariff Plan

      Chapter 6: The Working Class and Tariffs

      Chapter 7: The Downsides of Tariffs for Everyone

      Chapter 8: How to Prepare for the Impact of Tariffs

      Chapter 9: Tariffs and the Future of Global Trade

      Chapter 10: A Vision Beyond Tariffs

      Chapter 1: What is a Tariff?

      Understanding Tariffs

      At its core, a tariff is simply a tax. But unlike the taxes you pay on your income or at the cash register, tariffs are charged on goods that are imported into or exported out of a country. Think of it as a fee a country imposes on products crossing its borders. For example, if the United States places a tariff on cars made in Japan, the Japanese automakers have to pay an extra cost to bring those vehicles into the U.S. market.

      But here’s the thing: businesses don’t just absorb those costs out of kindness—they pass them along to consumers. That means you end up paying more for that car, or for any product hit by a tariff. Tariffs are often sold to the public as a way to protect jobs or punish foreign competitors, but in reality, they act more like a hidden tax that trickles down to everyone.

      A Brief History of Tariffs in Global Trade

      Tariffs aren’t new; they’ve been around for centuries. In fact, long before there were income taxes, governments relied heavily on tariffs to fund their operations.

      Early Beginnings

      In the 18th and 19th centuries, tariffs were the primary source of revenue for countries like the United States. These taxes on imports helped fund public works, military expenses, and government growth. For example, during the early days of America, tariffs accounted for nearly 90% of federal

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