Tariff Policy
Tariff Policy refers to a government's framework for regulating import and export duties, impacting international trade, economic growth, and domestic industries. It includes protective tariffs, which shield local businesses from foreign competition, and revenue tariffs, which generate government income. Tariff policies influence global supply chains, inflation, and consumer prices, making them crucial for policymakers, economists, and businesses. Researchers and academicians study tariff policies to assess their effects on trade agreements, market dynamics, and economic development. This tag connects users to discussions on trade regulations, WTO policies, and economic strategies. Stay informed on evolving tariff structures and global trade policies.
