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The Importance of Tariffs
Tariffs and trade restrictions, such as those against Chinese electric vehicles, have been a subject of debate regarding their impact on the working class. Karl Marx's analysis in the essay 'Free Trade' highlights that the working class may not have a vested interest in such policies. Marx argues that the effects of tariffs and trade limitations on working-class people are complex and may not necessarily benefit them. Therefore, the debate on tariffs should consider the nuanced impact on working-class individuals rather than assuming a straightforward benefit.