What is the point of tariffs, in general? Lots of countries have them, to at least a small degree. It's rarer that countries use them to a large degree. Why? My understanding is that there are four main reasons tariffs get put in place: (1) Special interests that benefit from tariffs lobby for them at the expense of everyone else. This is obviously a bad reason to have tariffs. (2) Sometimes countries have an interest in building out capabilities in very specific industries as part of ...