If a tariff is imposed on imports of shrimp into the United States, U.S. producers_______ and U.S. economy will _________.

Name: If a tariff is imposed on imports of shrimp into the United States, U.S. producers_______ and U.S. economy will _________.
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Question

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U.S. producers gain because the tariff makes imported shrimp more expensive, reducing competition. However, the U.S. economy loses because tariffs generally lead to higher prices for consumers and potential retaliation from trade partners.

If a Tariff Is Imposed on Imports of Shrimp into the United