High tariffs can damage the U.S. economy by increasing the cost of imported goods, leading to higher prices for consumers and reduced purchasing power. This can result in decreased consumer spending, which negatively impacts domestic businesses reliant on consumer demand. Additionally, high tariffs can provoke retaliatory measures from other countries, harming U.S. exports and further stifling economic growth. Overall, such tariffs can disrupt global trade relationships and limit market competition.
By angering foreign trade partners
By angering foreign trade partners
By angering foreign trade partners
a shortage of workers
It was very high?
By angering foreign trade partners
By angering foreign trade partners
By angering foreign trade partners
By angering foreign trade partners
a shortage of workers
It was very high?
Yes
The brain and lungs continually use an O2-CO2 feedback mechanism. High CO2 in the body triggers us to breathe. High CO2 in the air, however, eventually cause us to stop breathing after period of deceased oxygen. This causes brain damage and can cause organ damage.
it all started in 1983 when taxes started getting high as hell.
The US has a broad economy and has many industries that are essential to the nation. The three main elements within the US economy are defense industries, agriculture activities and high technology industries.
Creating more industries was what ultimately led to recovery of the US economy following the Great Depression. This meant that there was a high production capacity with millions of people working.
It affects everybody, not just a junior high school students...economy is all around us, we cannot "run away" from it. For example, if you are still living with your parents, if the economy is is bad, they will not be as happy as usual, and they might give you less money for your allowance