Recently, the United States imposed a 35% tariff on Chinese tire imports in hopes of sustaining U.S. jobs in tire manufacturing. This addition of tariffs is an example of

Question

Quizplus · Accepted Answer

The imposition of tariffs on Chinese tire imports is an example of increasing protectionism. The United States is using tariffs to shield its domestic tire industry from foreign competition, which is a protectionist measure aimed at promoting domestic manufacturing and employment.

Recently, the United States Imposed a 35% Tariff on Chinese