TRANSCRIPT: Hello, my name is Andrea Arms. I'm technology investor and financial manager and this is your Money in Motion. What is it? A tariff is a tax or duty imposed by a government on imported goods. Tariffs are essentially regressive taxes, as they take a higher proportion of income from the poor than they do from those higher up the income scale.
While they may offer short term benefits to domestic industries, economists generally view them as harmful to the overall economy, leadi