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Tariff fundamentals and policy

Why Tariffs Matter

What is a trade tariff?

The main types of tariffs

Why governments impose tariffs

Video lesson: tariffs explained by TED-Ed

Calculate a tariff: a worked example

Knowledge check: tariff fundamentals

Economic effects, trade disputes and business strategy

Who gains and who bears the cost?

Tariffs, prices and supply chains

Video lesson: tariffs and trade wars

Tariffs compared with quotas and other trade barriers

Trade wars and retaliatory tariffs

The WTO and international trade agreements

Video lesson: how tariffs work in the WTO system

Business responses to changing tariffs

Case study: an importer faces a new tariff

Final assessment: trade tariffs in practice

Final reflection: prepare a tariff impact brief

A beginner-friendly practical course explaining tariff types, government policy, economic effects, trade disputes, WTO rules and business responses, with real-world examples, videos and quizzes.

Learn what tariffs are, why governments use them, how they change prices and supply chains, and how businesses and countries respond.

Understanding Trade Tariffs: Global Trade, Economic Impact and Business Strategy

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