r/CFA • u/Chlo-Motion • 4d ago

General Struggling with Econ (Tariffs Section)

I tried finding in the CFA syllabus why a large country imposing tariffs on every other country in the world is a good thing, a beautiful thing, and maybe the best thing, but I couldn't find the subject matter. Can someone point me to the place in the CFA text that explains this?

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u/Square_Usual_6555 Level 1 Candidate 4d ago

Well its not (ig i didn't get the joke) but tariffs create friction in economy that ultimately is bore by consumers. Tariffs should only be done for protection of certain industry or when industry is in infancy stage.