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The auto workers argument for tariffs on imported cars would help them keep their jobs. A large tariff on Japanese cars, would force their cost to Americans higher. This could lead to more made in the USA cars like Ford, GM & Chrysler to hire more workers as hopefully more domestic cars would be sold in the USA.
What else can I help you with?
What is the national defense argument for tariffs on steel?
The national defense argument for tariffs on steel is based on the prospect of war or the need to prepare for one. Without tariffs on steel, such as the one imposed during the George W. Bush administration, steel would be easily imported and the nation would become dependent on these imports. By imposing a tariff, defense contractors as example, would already have established steel contracts from domestic producers. Hence, no problems regarding having enough steel.
What government actions would violate the principles behind GATT and the WTO?
increasing tariffs on imported goods
Did the South opposed tariffs because it feared they would hurt its industry and factory workers?
yes they did
Why did the northerners favor the protective tariffs of the 1820s while southerners detested them?
Northerners favored the protective tariffs of the 1820s because these tariffs benefited their emerging manufacturing industries by making imported goods more expensive, encouraging consumers to buy domestically produced items. In contrast, southerners detested these tariffs as they relied heavily on imported goods and were concerned that higher prices would hurt their economy. Additionally, they felt that the tariffs favored northern interests at the expense of southern agricultural economies, leading to tensions between the regions.
How did tariffs benefit American businesses in the 1700s?
The tariffs taxed imported products so that people would be more willing to buy the cheaper goods made in America. Therefore, the new businesses in America, would not have to compete with more experienced factories in Europe.
How do high tariffs damage an economy?
In certain situations, throughout the 19th and 20th centuries, tariffs have always been a subject of nations' economic progress. Tariffs area tax on imported products and the US government has control over tariffs. When tariffs are abused it forces consumers to pay more for imported goods. This often times helps domestic companies which because of tariffs forces people to buy from them.There was a period of time in 19th century US, where the Southern populations was forced to buy goods from Northern factories, at a higher price than would otherwise be except for these "protective" tariffs. It also was a strain on the entire economy.
What is the link between tariffs basic wage and White Australia policy?
Australians disliked Asian workers because they were energetic and competitive. This led to wish that they be excluded from the work force as the average Auzy could not compete. Being bad workers put them in a position where they were not able to compete with imports so tariffs were put on imported goods that would make it easier for Australians to compete. Australia never actually had a white Australia policy they did not have the guts to bring it out in the open instead they ad what was known as a literacy test, set in a language the would be immigrant did not speak.
In the Mid 1800's which group was least likely to support tariffs?
In the mid-1800s, Southern planters and farmers were least likely to support tariffs. They relied heavily on imported goods and were concerned that tariffs would raise prices on these items, while also harming their export markets, particularly for cotton. Additionally, they believed that tariffs disproportionately benefited Northern industrialists at their expense.
What are the benefits of using tariffs over taxes to generate revenue for the government?
There are pluses and minuses in using tariffs for revenue to operate the government. Firstly, tariffs would not be enough to cover the cost of running a government in most cases. Secondly, if Country A places tariffs on goods being imported into their country, then all other Countries will also place such tariffs on goods imported into their Countries from Country A. These costs will of course be passed on to the purchasers of these imported goods inside all the Countries so the costs will still be passed on the people as they buy goods. One good outcome is it will make Country A's goods produced in Country A more competitive for the buyers within Country A. But it will also make their exported goods more costly in other Countries when they try to sell them there. And around and around we go.
What are the econmic causes of the American Civil War?
Tariffs, which were taxes on imported goods. The north favored them because they protected their factories from foreign competition. However, the south feared that Britain, who bought a lot of their cotton, would stop buying it. Also, the tariffs caused the cost of goods to rise.
What state would have been helped by the Tariff of Abominations?
The Tariff of Abominations, enacted in 1828, would have benefited northern manufacturing states, particularly Massachusetts and Pennsylvania, which relied on protective tariffs to shield their industries from foreign competition. These tariffs incentivized domestic production by making imported goods more expensive, thus encouraging consumers to buy American-made products. In contrast, southern states, which depended on imported goods and agricultural exports, opposed the tariff as it harmed their economy.
How did hamilton plan to protect US merchants?
Hamilton planned to protect the US merchants by imposing high tariffs on imported goods. This in turned would cause Americans to buy goods made in the US.
