How are tariffs affecting American businesses?
Civics 101
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Tariffs: A Historical and Financial Overview
This chapter examines the financial impact of tariffs imposed during the Trump administration, revealing that $97 billion has been collected as of mid-2025. It traces the historical context of tariffs, from their origins in the Tariff of 1789 to their role in funding the early American government. The discussion highlights the complexities of tariff calculations, their implications for American businesses, and the unpredictable nature of recent tariff changes.
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