What is a Tariff? How do Tariffs Work?

In this video, we look at what a tariff is and we give an example of how tariffs work.

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DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.

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[tuber]

I don't know why it's so difficult for most people to simply explain how something works. It's always nice when you finally find a video that puts things in simple terms and doesn't speed through it but also doesn't stretch it out.

[brianmiller]

I love your explanation I goofed off in school and the way you put it makes perfect sense and very easy to understand. Thanks

[IncredibleStan]

FINALLY!! A video that visually explained this in an easy way

[jstrick]

You explained this in a professional and very clear manner.

[ponzu]

You made it so clear, thank you so much! I have an assignment due on International Trade tomorrow and this was the best explanation

[judithmcdaniel]

Very nice presentation. Simple to understand the meaning of Tariffs.

[nursyaura]

I’ve been trying to understand what is tariff because of social studies and this video was the best thing i’ve ever watched on youtube! THANK YOU!!

[charliewright]

Then isn't a tariff the antithesis of a free market?

[c-adhirajjadhav]

It was so easy to understand.
You explained it within 3 minute.

[johnzarznia]

Solid presentation, you explained tariffs well

[eyuwang]

Nice quick video that explains very clearly about what a tariff is to me

[babychubs]

How does this video only have 15 likes it explains it so well and was very helpful!

[woahtherr]

finally came across a video that taught me what I was seeking to learn. Thank you!!

[kikikiki]

OMG thank u so much for this. I didnt play attention in class and I didnt really understand what my teacher was saying so thank u. :)

[philam]

Where does the $5 come from? Or go to? Done at the port of entry? At the distributor? At the final retailer? I know it adds $5 to each unit at the end but where does it start and how imposed?

[ruslansayfullin]

It was clear and easy to understand, thank you for the lesson.

[MFEeee]

I don’t know how I feel about this. Prices are regulated by supply and demand. And sometimes government laws makes making things in America expensive. While at the same time other counties don’t go through the same stringent testing American products go through if it costs less

[jasonchu]

doode that was good it was throughly explain with visual graphics it’s 10x any classes or schooling bro

[charlieharrison]

Thanks for giving me a clear understanding...i think I get it

[ASKstrive]

I'm here after country A "America" put tariffs on country B "China"
this may have short term benefits for country A but long term effects also until country B is not your country.