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What are tariffs, and how do they work?

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About this video

Learn what tariffs are and how they affect trade between countries. This video explains a big idea in a simple way. It's about money and goods from around the world.

#tariffs#economics#trade#history

🧠 Quiz & Trivia

Test your knowledge after watching!

Q1 What is a tariff?

Answer: A tariff is a tax on goods imported from other countries.

Q2 Why do countries use tariffs?

Answer: To protect local businesses and jobs.

Q3 What happened in 1930?

Answer: The U.S. put a big tariff on imports, but it hurt trade.

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