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Tariff Impact

Definition

Tariff impact refers to the economic consequences resulting from the imposition of taxes on imported or exported goods. These taxes, known as tariffs, can influence international trade flows, alter production costs, and affect consumer prices. The impact can extend to global financial markets, as trade tensions or changes in supply chains influence investor sentiment and economic forecasts. Such policies can also indirectly affect digital asset markets by shifting capital or altering the perceived stability of traditional economies.