Dallas' Blog :p
Dallas Ramos 6.Smith Women's Engineering Weekly Blog Posts Essential Questions website: ranchocotate.org/smith Week 1 & 2: What are the steel and aluminum tariffs and how do they affect our economy? (1) So first a tariff is a trade barrier that raises prices and reduces the quantity of goods and services, meaning it reduces our economy. This results in a lower income, reduced employment, lower economic output. Right now Trumps administration's tariffs and trade conflicts aren't enough to affect the economy however it may result in job losses and higher prices for consumers. Trump put tariffs on steel and aluminum imports from Canada, Mexico, and Europe, he also threatened to put $50 billion tariffs on Chinese goods, like its already cheap why make us pay more, but a list coming out next week. In doing that China said they will end any agreement with U.S. if we apply the tariffs. I think what trump is doing is totally ignorant because Chin...