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reply to this post from the point of view as a student in 2-3 sentences.: I, as an economist, believe the United States should use
reply to this post from the point of view as a student in 2-3 sentences.: I, as an economist, believe the United States should use tariffs and quotas to restrict foreign competition for business and to protect individual's purchasing power. They can provide protection for domestic businesses in the US to preserve jobs and keep small businesses and newer industries in business. Quotas and tariffs can also be deliberately employed to promote equitable trade behavior and clear up trade imbalances. Additionally, they can address national security concerns by preserving critical industries from over-dependence on imports. Though these are all very beneficial it's also important to look into the potential drawbacks of tariffs and quotas such as much higher prices for consumers in the US and retributive measures. We must also consider the broader impacts on the economy and international relations when we don't have free trade agreements. Overall, I believe it is important for the US to impose tariffs and quotas on foreign imports seeing that the benefits outweigh the drawbacks
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