Understanding Business, 10th Edition

Published by McGraw-Hill Education
ISBN 10: 007352459X
ISBN 13: 978-0-07352-459-7

Chapter 3 - Doing Business in Global Markets - Developing Workplace Skills - Page 86: 4

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Though it is typical for people to try to jump to conclusions and make tariffs, it is necessary to consider the ramifications of potential tariffs first. For starters, while many argue that tariffs will protect US jobs, they forget that many of the foreign countries may retaliate, harming the ability of the United States to export products.
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