What Are Tariffs? Simple Explanation with Real Examples | HiLyst Analytics

Tariffs are one of the most debated tools in global trade and economics. But what exactly is a tariff, why do governments apply it, and how does it impact businesses, consumers, and economic growth?

In this video by HiLyst Analytics, we break down tariffs in simple language with real-world examples:
✅ India–U.S. steel tariffs
✅ Tariffs on Chinese goods
✅ Russia after the Ukraine war

We’ll also show you the short-term benefits (like protecting local industries) and the long-term risks (higher prices, inflation, slower global growth).

At HiLyst Analytics, we go beyond explaining concepts—we help companies use data, Power BI dashboards, automation, and KPI tracking to make smarter business decisions.

👉 If you want to transform your data into actionable insights, connect with us.

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