There are a lot of talks in the news recently about “tariffs” and our trade deficit with other countries. When I attempt to talk with friends about this issue, it dawns on me that they don’t understand what a tariff is and how that affects our trade deficit with other countries. That prompted me to write this simple explanation. I hope it helps to make things more clear to more people out there who might be too embarrassed to ask.
Click this button to learn more and get the free PDF.