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Southern farmers, because sales of cotton would go down

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Manley Zboncak

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Q: Who would be hurt mostby high tariffs?
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Why would be hurt by high tariffs?

Southern Farmers, because sales of cotton would go down


Why did tariffs hurt U.S citizens?

Tariffs hurt US citizens because the prices were increased and they had to pay high costs.


Who would be hurt most by high tariffs and why?

Southern farmers because sales of cotton would go down


How did high tariffs hurt Americans?

High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.


How did high tariffs hurt many American?

High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.


How many high tariffs hurt many Americans?

High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.


Who would be hurt by most tariffs?

Southern farmers, because sales of cotton would go down


How did tariffs hurt many Americans?

High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.


What are taxes on imports and exports called?

Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.


Did the South opposed tariffs because it feared they would hurt its industry and factory workers?

yes they did


How did tariffs hurt farmers?

One way in which tariffs hurt farmers was by limiting their export markets. A tariff, simply defined, is a tax that is imposed on exports or imports.


How would high tariffs hurt America?

Tariffs bring in revenue, which the US always seems to want more of. However, there is a point of diminishing returns regarding revenue. If the tariff is too high, it may reduce the amount of trade and actually produce less revenue. Tariffs make foreign goods more expensive. Higher prices on foreign goods make domestic goods more competitive and can benefit domestic producers. Tariffs may reduce the inflow of foreign goods and improve the balance of trade.