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URL https://www.fastassignmenthelponline.uk/answers/effect-of-a-tariff-on-steel-for-us-and-uk-producers-and-consumers/
Description A tariff on steel can increase its domestic price, protecting local producers but raising costs for consumers and industries reliant on steel. While it might boost domestic production, it can also strain international trade relations and lead to retaliatory tariffs, affecting global supply chains and economic dynamics.
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Add Time 2024-01-08 11:19:34
Category Arts / ClassicalStudies / AcademicDepartments