Economic

• Search the Internet for item(s) upon which the U.S. Government has imposed a tariff.
• Write a paper of approximately 500 words describing how each tariff has impacted trade.
• Format your paper using West Writing Style Handbook guidelines.
• Include a minimum of two sources, which may consist of readings from the University Library, your text, and other selections.

To fully cover the impact of a government tariff, please address the following in your papers:

• Price - how has the tariff affected the price, or prices of other goods & services
• Buyers & Sellers - What have buyers and/or sellers done in response to the tariff?
• Who is better off with the tariff? Who is worse off?
• Graph the deadweight loss and government revenues from the tariff (optional).
• What is your recommendation? Remove, Continue, Expand the tariff?