How do tariffs affect the economy?

This video goes over the definition of a tariff and how tariffs can affect the larger economy. Generally tariffs are introduced to protect some domestic industries but sometimes they can be part of a larger trade war. More information on the efficiency of tariffs and how they affect consumer and producer surplus can be found at:

https://www.freeeconhelp.com/2011/07/dark-side-of-globalization-why-domestic.html

Видео How do tariffs affect the economy? канала Free Econ Help