after the stock market crashed, congress put tariffs on imported goods. what was the effect of these tariffs

answer choices:

the tariffs led to an overproduction of food

the tariffs caused risky fluctuations in the market

the tariffs allowed american businesses to recover

the tariffs created an escalating trade war

1 answer

The correct answer is:

the tariffs created an escalating trade war.

Tariffs on imported goods can lead to retaliatory measures from other countries, resulting in an escalating trade war, which can negatively impact global trade and economic growth.