What Are the Costs of Trade Tariffs for U.S. Consumers?

What Are the Costs of Trade Tariffs for U.S. Consumers?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of tariffs on the US economy, focusing on how initial tariffs targeted businesses rather than consumers. As tariffs expand to consumer goods, questions arise about who will bear the cost. Studies show mixed effects on prices and margins, with some costs absorbed by companies. Investors are advised to be cautious due to potential negative impacts on earnings. The broader economic implications include potential pressure on consumer growth and housing demand, especially if technology prices rise.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could tariffs lead to changes in consumer behavior?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential effects could tariffs have on the overall economy and consumer growth?

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OFF