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Aktif Etiket Filtresi: #economics
TED-ED
• Sep 7, 2026
What Are Tariffs and How Do They Work? The Economic Chain Reaction of Tariffs Explained How Tariffs Spark Global Trade Wars The Real-World Impact of Tariffs and Trade Wars
Learn how tariffs work and how a 1930 tax decision by President Hoover triggered a global trade war. Explore the history of tariffs, how they impact global trade, and why protectionist policies can backfire. Discover how import taxes trigger retaliatory measures, harm consumers, and disrupt the global economy. An in-depth look at how tariffs disrupt global markets, using the historic 1930 Smoot-Hawley Tariff Act as a guide.