Difference between revisions of "Tariff"
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President [[Trump]] supports tariffs as a way of resorting [[America]]n jobs lost due to massive trade deficits. Tariffs were used for most of American history to build economic strength. | President [[Trump]] supports tariffs as a way of resorting [[America]]n jobs lost due to massive trade deficits. Tariffs were used for most of American history to build economic strength. | ||
| − | In [[telecommunications]], a tariff consists of documents filed by a [[common carrier]] describing its services and the payments to be charged for such services. [[ | + | In [[telecommunications]], a tariff consists of documents filed by a [[common carrier]] describing its services and the payments to be charged for such services. |
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| + | ==Tariffs in history== | ||
| + | Tariffs were instrumental in the economic growth of the United States<ref>Multiple references: | ||
| + | *Carney, John (August 15, 2018). [https://www.breitbart.com/big-government/2018/08/15/anationbuiltontariffs/ Carney: Trump is Right, ‘Our Country Was Built on Tariffs’]. ''Breitbart News''. Retrieved August 15, 2018. | ||
| + | *Byas, Steve (August 16, 2018). [https://www.thenewamerican.com/print-magazine/item/29722-tariffs-and-the-founding-fathers Tariffs and the Founding Fathers]. ''The New American''. Retrieved August 16, 2018. | ||
| + | *Buchanan, Patrick J. (July 26, 2018). [https://www.thenewamerican.com/reviews/opinion/item/29652-did-tariffs-make-america-great Did Tariffs Make America Great?] ''The New American''. Retrieved August 16, 2018.</ref> [[China]] has also used tariffs to its advantage.<ref>Ferry, Jeff (August 17, 2018). [https://www.usatoday.com/story/opinion/2018/08/17/china-economic-nationalism-success-trump-trade-war-tariff-column/925385002/ Actually, tariffs work — look no further than China's booming economy for proof]. ''USA Today''. Retrieved August 17, 2018.</ref> | ||
==See also== | ==See also== | ||
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*[https://www.thenewamerican.com/economy/economics/item/28471-are-tariffs-good-for-america Are Tariffs Good for America?], by Steve Byas at ''[[The New American]]'', March 12, 2018. | *[https://www.thenewamerican.com/economy/economics/item/28471-are-tariffs-good-for-america Are Tariffs Good for America?], by Steve Byas at ''[[The New American]]'', March 12, 2018. | ||
| + | [[Category:Telecommunications]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Taxation]] | [[Category:Taxation]] | ||
[[Category:Trade]] | [[Category:Trade]] | ||
Revision as of 01:40, August 18, 2018
A tariff is a tax or custom duty on an imported good. It can take one of two forms: (1) a tax per unit, known as a specific tariff, or (2) a tax based on the value of the good, known as an ad valorem tariff.
President Trump supports tariffs as a way of resorting American jobs lost due to massive trade deficits. Tariffs were used for most of American history to build economic strength.
In telecommunications, a tariff consists of documents filed by a common carrier describing its services and the payments to be charged for such services.
Tariffs in history
Tariffs were instrumental in the economic growth of the United States[1] China has also used tariffs to its advantage.[2]
See also
External links
- Are Tariffs Good for America?, by Steve Byas at The New American, March 12, 2018.
- ↑ Multiple references:
- Carney, John (August 15, 2018). Carney: Trump is Right, ‘Our Country Was Built on Tariffs’. Breitbart News. Retrieved August 15, 2018.
- Byas, Steve (August 16, 2018). Tariffs and the Founding Fathers. The New American. Retrieved August 16, 2018.
- Buchanan, Patrick J. (July 26, 2018). Did Tariffs Make America Great? The New American. Retrieved August 16, 2018.
- ↑ Ferry, Jeff (August 17, 2018). Actually, tariffs work — look no further than China's booming economy for proof. USA Today. Retrieved August 17, 2018.