Tariffs are basically put forward by the Trump administration because Chinese goods are flooding the American and World markets at cheap prices. This is a threat to the American and World economies because their own industry is waning away slowly and it may pose a challenge to the labor force and industries of America. We try to solve the issue in this article. Every Economy has to play by its strengths If the world started putting tariffs and producing goods within their own country, it would be neither good for the world economy nor the country itself. How? If Country A produces a product for 10 dollars and Country B produces a product for 25 dollars, Isn't it better for Country B to get goods from Country A for 10 dollars? Isn't it efficient? The reason they won't do is Country B has a labor force and industry that depends on the price of 25 dollars to survive. How to solve this issue? Country B has to trade with Country A with another product they are good at producing ...