<p>Something really quick…it’s a dumb question, but I don’t get it :(</p>
<p>During the industrial age, tariffs were placed at high rates to protect large businesses and insure the safety of investors and bankers. </p>
<p>Is this tariff a type of protective tariff? </p>
<p>Why does it hurt the small farmers and land tenants?</p>
<p>yes its a protective tarrif (you even used the word yourself - “to protect large businesses”)</p>
<p>it hurts small farmers bc it means they have to pay more for consumer goods since instead of being able to purchase cheaper foreign imports, the tariff makes these imports more expensive (meaning that farmers either have to pay more for imported goods or turn to American goods). either way the farmer pays more and the American-owned businesses/ producers benefit</p>