In the graph, DS means domestic supply and DD means ... of retaliatory trade barriers are subsidies, standardization, tariffs, quotas, and licenses. Each of these either makes foreign goods ...

Another such type of levy are "tariff-rate quotas," which are taxes triggered by reaching a specific import threshold. For instance, this type of quota was used by the first Trump administration ...

Fact checked by Yarilet Perez Reviewed by Robert C. Kelly What Are Tariffs? Tariffs are a type of trade barrier that makes ...