What Are Tariffs, How The Imposition Of Tariffs Adversely Impacts An Economy, And Why Tariffs Should Be Abolished
This essay sheds light on what are tariffs, explicates how the imposition of tariffs adversely impacts an economy, demystifies how the imposition of tariffs can increase the unemployment rate in an economy, and elucidates why tariffs should be abolished in an economy. Succinct stated, tariffs are evisceration fees that are imposed by bureaucratic apparatuses in a controlled market economy. In a controlled market economy, tariffs are paid by the importers of products. The importers of products are typically companies. In a controlled market economy, the importers of products do not receive anything for paying tariffs. Furthermore, in this controlled market economy, there are an exorbitant amount of evisceration fees that are imposed by bureaucratic apparatuses which people who work real private sector jobs based on voluntary demand pay and do not receive anything for paying. It is more cumbersome for a person to be able to augment his standard of living if he lacks purview over how all of his hard-earned money is expended. Companies that acquiesce to paying tariffs on their purchase orders are at a high probability to indirectly pass on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products. When companies indirectly pass on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products, then they often do so in a manner that allows them to at least maintain their profit margin per product sold. Companies often prefer to not elicit an extremely low profit margin per product sold. If companies were to have an extremely low profit margin per product sold, it then can undermine their net income potential. By maintaining a high profit margin per product sold, it is less cumbersome for companies to be able to furnish massive compensations to their executives, less arduous for companies to be able to furnish sizeable retainer fees to their external directors, and less cumbersome for companies to maximize the wealth of their shareholders. Furthermore, by maintaining a high profit margin per product sold, companies have more capital to earmark into research and development efforts and expansion pursuits. The imposition of tariffs adversely impacts an economy in a multitude of disparate ways. The imposition of tariffs can reduce the standard of living in contexts in which it culminates in companies indirectly passing on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products. When companies opt to indirectly pass on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products, it then can concomitantly amplify the cost of living. It is calamitous for the cost of living to be exorbitant. When the cost of living significantly amplifies, it then can render it more cumbersome for people who are part of the real private sector workforce to be able to afford to attain an extremely low standard of living. As of August of 2025, the total cost to attain an extremely low standard of living can be eminently sizeable. In order to attain an extremely low standard of living, a person needs to earn enough fiat currency to at least be able to afford to not only pay the perpetually recurring room rental fee and be able to afford to not only purchase a vehicle, purchase functional vehicle parts, purchase a computer, purchase a smartphone, incessantly purchase food, incessantly purchase fuel for his vehicle, and incessantly purchase oil for his vehicle, but also needs to earn enough fiat currency to at least be able to afford to pay the perpetually recurring exorbitant auto insurance premium, pay the perpetually recurring driver's license renewal fee, pay the perpetually recurring exorbitant vehicle registration fee, pay the perpetually recurring tire rotation fee, pay the perpetually recurring internet subscription service fee, and pay the perpetually recurring smartphone subscription service fee. The imposition of tariffs can also precipitate the occurrence of inflation in an economy. The occurrence of inflation in an economy is detrimental to an economy. A corollary to the amplification of the prices of products overtime is not only an increase in the cost of living, but can also potentially be a decrease in the product production volume in an economy. When the level of customer demand for their products decreases after companies raise the prices of their products, then companies may be all the more inclined to decrease their product production volume in an economy.
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What Are Tariffs, How The Imposition Of Tariffs Adversely Impacts An Economy, And Why Tariffs Should Be Abolished
This essay sheds light on what are tariffs, explicates how the imposition of tariffs adversely impacts an economy, demystifies how the imposition of tariffs can increase the unemployment rate in an economy, and elucidates why tariffs should be abolished in an economy. Succinct stated, tariffs are evisceration fees that are imposed by bureaucratic apparatuses in a controlled market economy. In a controlled market economy, tariffs are paid by the importers of products. The importers of products are typically companies. In a controlled market economy, the importers of products do not receive anything for paying tariffs. Furthermore, in this controlled market economy, there are an exorbitant amount of evisceration fees that are imposed by bureaucratic apparatuses which people who work real private sector jobs based on voluntary demand pay and do not receive anything for paying. It is more cumbersome for a person to be able to augment his standard of living if he lacks purview over how all of his hard-earned money is expended. Companies that acquiesce to paying tariffs on their purchase orders are at a high probability to indirectly pass on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products. When companies indirectly pass on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products, then they often do so in a manner that allows them to at least maintain their profit margin per product sold. Companies often prefer to not elicit an extremely low profit margin per product sold. If companies were to have an extremely low profit margin per product sold, it then can undermine their net income potential. By maintaining a high profit margin per product sold, it is less cumbersome for companies to be able to furnish massive compensations to their executives, less arduous for companies to be able to furnish sizeable retainer fees to their external directors, and less cumbersome for companies to maximize the wealth of their shareholders. Furthermore, by maintaining a high profit margin per product sold, companies have more capital to earmark into research and development efforts and expansion pursuits. The imposition of tariffs adversely impacts an economy in a multitude of disparate ways. The imposition of tariffs can reduce the standard of living in contexts in which it culminates in companies indirectly passing on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products. When companies opt to indirectly pass on the cost of paying tariffs on their purchase orders to the members of their target market by significantly amplifying the prices of their products, it then can concomitantly amplify the cost of living. It is calamitous for the cost of living to be exorbitant. When the cost of living significantly amplifies, it then can render it more cumbersome for people who are part of the real private sector workforce to be able to afford to attain an extremely low standard of living. As of August of 2025, the total cost to attain an extremely low standard of living can be eminently sizeable. In order to attain an extremely low standard of living, a person needs to earn enough fiat currency to at least be able to afford to not only pay the perpetually recurring room rental fee and be able to afford to not only purchase a vehicle, purchase functional vehicle parts, purchase a computer, purchase a smartphone, incessantly purchase food, incessantly purchase fuel for his vehicle, and incessantly purchase oil for his vehicle, but also needs to earn enough fiat currency to at least be able to afford to pay the perpetually recurring exorbitant auto insurance premium, pay the perpetually recurring driver's license renewal fee, pay the perpetually recurring exorbitant vehicle registration fee, pay the perpetually recurring tire rotation fee, pay the perpetually recurring internet subscription service fee, and pay the perpetually recurring smartphone subscription service fee. The imposition of tariffs can also precipitate the occurrence of inflation in an economy. The occurrence of inflation in an economy is detrimental to an economy. A corollary to the amplification of the prices of products overtime is not only an increase in the cost of living, but can also potentially be a decrease in the product production volume in an economy. When the level of customer demand for their products decreases after companies raise the prices of their products, then companies may be all the more inclined to decrease their product production volume in an economy.
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What Are Tariffs, How The Imposition Of Tariffs Adversely Impacts An Economy, And Why Tariffs Should Be Abolished
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What Are Tariffs, How The Imposition Of Tariffs Adversely Impacts An Economy, And Why Tariffs Should Be Abolished
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Product Details
| ISBN-13: | 9798319679444 |
|---|---|
| Publisher: | Barnes & Noble Press |
| Publication date: | 08/24/2025 |
| Pages: | 20 |
| Product dimensions: | 8.50(w) x 11.00(h) x 0.04(d) |
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