#USTarrifs Understanding U.S. Import Duties

USTariffs, or import duties, are fees imposed by the U.S. government on foreign goods to protect domestic industries by making imports more expensive, encouraging consumers to buy American-made products. Tariffs have long been used as an economic and diplomatic tool, shaping trade agreements and negotiations. While they can help safeguard jobs and boost local production, they also risk raising consumer prices and provoking retaliatory measures from trading partners. Escalating tariffs may lead to trade wars, disrupt global supply chains, and slow economic growth. Despite ongoing debate, tariffs remain a key part of U.S. trade policy, balancing domestic interests with global economic engagement.