Trade Wars

See how tariffs affect your economy

Year: 1

Set your tariff policies

Wealth: $1000

Available Goods

Market Activity

Welcome to the market! Adjust tariffs and see how trade responds.

Tariff Controls

Total Tax Revenue:

$0

Consumer Cost:

+$0

How Tariffs Affect Trade

What are tariffs?

Tariffs are taxes on imported goods, meant to protect domestic industries and generate government revenue.

Short-term effects

The government collects revenue from tariffs, but consumers pay higher prices for imported goods.

Long-term effects

High tariffs reduce trade volume, leading to less variety, higher prices, and potentially trade wars.

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