Trade Restrictions In The United States
The United States has to set high tariffs and quotas to restrict trade with foreign countries. Tariffs are the tax that one country sets on imported goods and services of another nation. And a quota is the restriction of trade of the amount of goods and services over a fixed period of time to maintain the country’s interest on imported goods. Tariffs and quotas set by the United States have control over the amount of goods that come into the United States to help the economy while continuing to keep healthy trade and relationships with other countries. The United States uses these trade restrictions to find suitable trade opportunities from other countries. And there put in place to safe guard and protect the country’s economic interest. Some