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So, why do countries use tariffs, anyway? Well, there are a few reasons. Sometimes, they're used to protect domestic industries. By making imported goods more expensive, tariffs can encourage people to buy products made within their own country. This can help support local businesses and jobs. Other times, tariffs are used as a tool in trade negotiations. A country might impose tariffs on another country's goods to pressure them into making trade concessions or resolving disputes. It's like a game of economic chess, and tariffs are one of the key pieces.
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