If Country A places a tariff of 25% on all goods from Country B. This means that when a buyer in Country A wants to buy from a supplier in Country B, they have to pay that 25%.
This increase the price of the good when it’s sold at retail to the consumer.
If Country A places a tariff of 25% on all goods from Country B. This means that when a buyer in Country A wants to buy from a supplier in Country B, they have to pay that 25%.
This increase the price of the good when it’s sold at retail to the consumer.