Tariffs imposed by India are beneficial to Indian firms

June 15, 2019, 8:09 am

Agree8 Disagree4


The debate "Tariffs imposed by India are beneficial to Indian firms" was started by krithi on June 15, 2019, 8:09 am. 8 people are on the agree side of this discussion, while 4 people are on the disagree side. People are starting to choose their side. It looks like most of the people in this community are on the agreeing side of this statement.

krithi, kingofrubik, MADHURA and 5 visitors agree.
Nemiroff and 3 visitors disagree.

until I get reasons to believe this specific situation is different, I will disagree based on the facts that tarrifs in general are harmful.

5 months ago

I'm not aware of what Tariffs india has put in place. But in general, tariffs do more harm than good. They artificially inflate prices for the stuff you are putting tariffs on. This usually will lower sales on those things because they are more expensive. So the companies that sell those things will make less money and need fewer employees.

It is also very anti-consumer. The increased costs caused by tariffs almost always fall on the consumers. They are forced to pay more for the things they need.

5 months ago
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