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Big business support tariffs because they want to limit competition. If it is expensive for foreign companies to sell goods in the US, businesses in the US can control the market.

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βˆ™ 10y ago
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βˆ™ 8y ago

By setting high tariffs, government officials reduced competition and encouraged the development of trusts.

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Q: Why did big businesses support high tariffs?
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Why did big business support high?

Big business support tariffs because they want to limit competition. If it is expensive for foreign companies to sell goods in the US, businesses in the US can control the market.


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