‍Stakeholders

Tariffs are commonly used for the sake of protectionism, so consumers are constrained to their own country’s companies when looking for products to buy. These governments believe that limiting consumers to buy from their own country’s companies will lead to economic growth, or at least the saving of jobs, which is the opposite of what occurs. By implementing tariffs, governments effectively harm the economies they are supposed to improve. 

Nonpartisan Reasoning

Tariffs may be a crucial policy instrument in the United States’ fight against China if it were to conduct a military operation on Taiwan. However, until such a time, their use would serve as a detriment to U.S. consumers. Compounded with inflation after the COVID-19 pandemic and into 2022, another artificial rise in prices will make it harder for consumers to afford essential goods, and stifle investment.