In this Individual Assignment you will reflect on the impact that U.S. tariffs have in lowest earners and small businesses. Please read "Proposal to get rid of duty-free imports would punish American consumers and small businessesLinks to an external site." and listen to this Trade Talks Podcast for some background on the issue.

https://podcasts.apple.com/us/podcast/163-how-poorer-americans-ended-up-paying-for-us-tariffs/id1270804213?i=1000570504948 (the bolded link is the main source)

Please discuss the following:

1. What will be the economic implications of the proposal to eliminate the duty-free imports if it passes in the U.S. Congress?

2. Do you think that tariffs on imports are a useful tool that can be applied to all industries/sectors? Will you propose any exceptions?