The Costly “Tit-for-Tat” Game of Trade Tariffs
Reading Time : 2 minutesThe consumer’s desire for affordable brand freedom is often obstructed by tariffs, which quickly escalate into costly “tit-for-tat” trade wars. This cycle of import taxes drives up prices, restricts market choice, and ultimately hurts consumers and domestic exporters on both sides of the dispute, proving to be a highly inefficient form of state intervention.