2min chapter

Down to Business English cover image

The Business Impact of Trump's Tariffs

Down to Business English

CHAPTER

Are Tariffs Common in the Global Market?

Many countries use tariffs on some items, most to protect home producers of that product who can't manufacture the product at a competitive price with the import he can you give us an example? Malasia has one car maker, proton, which, to be honest, is not the same quality as the cars. So in order to protect proton, malasia applies a tariff of between 60 and a hundred and five % on all imported cars. Well, so i could pay more than double the price on a toota i lived in malasia. If you wot a four by four with an engine over 25 hundred c cs, then that is the tariff that would apply to that class of

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