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Discussion Questions: 1. Countries use tariffs to achieve policy goals. What is a tariff? How do tariffs affect price? What do they mean for producers?

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Discussion Questions: 1. Countries use tariffs to achieve policy goals. What is a tariff? How do tariffs affect price? What do they mean for producers? What is the potential impact of tariffs for consumers? Do tariffs always help workers? Explain. 2. Consider the political cost of the tariffs as compared to their economic impact. What was the rationale behind the tariffs imposed by Donald Trump on steel imports from China? Do you agree with Trump's policy? Why or why not? Is the U.S. steel industry essential to the national security of the United States? 3. Discuss the state of the U.S. Steel industry and the inroads made by China in recent years. How is China able to undercut U.S. steel prices? As a U.S. consumer buying a new car, are you in favor of free trade when it comes to Chinese steel

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