Step inside the world of global trade with the 2 Minute Podcast. What Are Tariffs? This episode breaks it down. Tariffs are those taxes placed on imported goods. We will show how they work behind the scenes to hike prices, protect local businesses, and shape what you buy. Discover who wins, who loses, and how governments use tariffs for revenue, while unpacking the broader ripple effects on importers, consumers, producers, and foreign exporters. Plus, find out why these taxes can spark international trade retaliation. Tune in for a fast, clear snapshot of tariffs' real impact on everyday life.
