NEW YORK PRESENTATION

START

Tariff

PRESENTATION

ly

What?

Hung

Awesome!

Long

Bearer

team

12. Thanks

6. Benefits

index

11. Entertainment

10. Questioning

9. Drawback

8. Affection

7. Consequences

5. Purpose

4. Operation

3. Examples

2. Definition

1. Intro

+ info

II. A protectionist tool

What is tariff?

I. A type of tax

Increase the prices of imports

To collect revenues

II. Import vs domestic goods

I. Help governments

Create market distortions

To protect domestic producers

Tariff

Paid by the individual or business importing the goods

+INFO

5% of the value of the imported goods

A tariff on steel

What is an example of a tariff?

such as 10% of the value of the vehicle

An ad valorem tariff

based on the type of item

A specific tariff (a fixed fee)

Restrict imports

+INFO

based on the item’s value

such as a $1,000 tariff on a car

How a tariff works?

Increasing the price

+INFO

+INFO

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General

What is the purpose of a tariff?

Domestic goods cheaper

Making

The price of imported goods

Increase

Protect domestic businesses

Collect revenue

To protect the environment

To combat aggressive trade policies

To support domestic employment opportunities

To fortify national defence programs

To protect nascent industries

Specific

2. Domestic businesses

1. The importing countries

Cheaper goods

collect the revenue

Imposing the tariff

Who benefits from a tariff?

Incur higher prices

How do tariffs hurt consumers?

+ info

Increases the price of imported goods

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Exporter

Reduce the demand of goods Hurting business

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Domestic producer

Goods cheaper Better business

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Consumer

Result in an increase in the price of imported goods

How do Tariff affect you?

+ info

Drawback Imposing tariff

Generate tensions

Lack of competition

Less efficient and innovative

Domestic industries

+INFO

Push up prices

Reducing competition

Unintended side effects

Devolve into unproductive cycle of retaliation

Trade war

+ info

thanks

more than 20% of businesses fail to endure past one year

BACK

grow business into a competitive entity

An incubator

Early-stage domestic companies and industries

National defence

Support and secure domestic production

BACK

International competition

Critical products

BACK

BACK

Discourage imports

Encourage domestic

Domestic employmet

Compete against international competitors

Trade policies

BACK

Mitigate the effects of foreign entities employing unfair tactics

Diminish consumption

Environmental standards

BACK

International goods

the environment

BACK

Learn to invest - Investers Grow

Basis of tariff work