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to help farmers in the US stay competitive

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14y ago

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Where does Turkmenistan get its food?

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High tariffs were intended to help farms by increasing the cost of imported agricultural products, making domestic goods more competitive in the market. This protection was designed to shield local farmers from foreign competition, allowing them to sell their produce at higher prices. Consequently, the hope was that these measures would stabilize farm incomes and encourage domestic agricultural production. Additionally, higher tariffs could lead to increased government revenue, which could be invested in rural development and infrastructure.


How did North and South differ on the issue of tariffs?

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Why did US President Herbert Hoover lose the 1932 US presidential election?

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