New tariffs evoke ruinous Economic War of 1930s
The British government’s proposed rules on imports in the event of a no-deal Brexit have serious implications for Irish agriculture
The word tariff comes from medieval Arabic and means a list or lines of notification. The term originated during the expansion of trade relations in the Mediterranean Sea between Arab and European merchants in the 16th century. Duties were paid on particular trade items which were imported or exported across the Mediterranean.
In the history of tariffs, what gets on that list, and what does not, has always proved controversial.
Last week, the ...
