19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
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Simple English definitions for legal terms
protective tariff
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A quick definition of protective tariff:
Protective Tariff: A tax on imported goods that is meant to protect domestic industries from foreign competition. This tax makes foreign goods more expensive, which encourages people to buy goods made in their own country instead.
A more thorough explanation:
A protective tariff is a tax on imported goods that is designed to protect domestic industries from foreign competition. The purpose of a protective tariff is to make imported goods more expensive, which makes domestic goods more competitive in the marketplace.
For example, if a country imposes a protective tariff on imported steel, it will make steel from other countries more expensive. This will make it more difficult for foreign steel producers to compete with domestic steel producers, which will help protect jobs in the domestic steel industry.
Another example is the protective tariff that the United States imposed on Chinese solar panels in 2012. This tariff was designed to protect American solar panel manufacturers from competition from China, which was flooding the market with cheap solar panels.
Overall, protective tariffs are controversial because they can lead to higher prices for consumers and can also lead to retaliation from other countries, which can hurt exports and jobs in other industries.