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The US is importing wine from Europe and exporting cheese to Europe. The US government says they want to protect American farmers and thus impose

 The US is importing wine from Europe and exporting cheese to Europe. The US government says they want to protect American farmers and thus impose tariffs on European wine. a. Use demand and supply graphs for the US market for wine to explain the effect of these tariffs on wine price and wine quantity consumed in the US. Who in the US benefits from these tariffs? Who in the US is hurt? 4 points b. Europe retaliates by imposing tariffs on American cheese. Use demand and supply graphs for the US market for cheese to explain the effect of these tariffs on cheese price and cheese quantity consumed in the US. Who in the US benefits from these tariffs? Who in the US is hurt ?

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