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Who Pays the Tariffs? - Explained Like You're Five

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Aug 18, 2025
10:53

#ExplainedlikeImFive #ELI5 Subscribe: https://www.youtube.com/@ExplainingEconLikeYoureFive?sub_confirmation=1 What exactly are tariffs, and why do they make your favorite imports more expensive? In this video, we break down tariffs explained like you’re five using a fun cookie story. You’ll learn what a tariff is, why governments use them, and how they impact prices, businesses, and even start trade wars. From protectionism to import taxes, we make complicated economics easy to understand with simple, everyday examples. By the end, you’ll be able to explain tariffs, protectionism, and trade wars to your friends without sounding confused. Perfect for students, curious minds, or anyone who just wants to understand how the global economy works.

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Who Pays the Tariffs? - Explained Like You're Five | NatokHD