What is a primary purpose of imposing a tariff on imported goods?

The primary purpose of imposing a tariff on imported goods is to protect domestic industries. Tariffs are taxes placed on imported goods, making them more expensive compared to locally produced items. By increasing the cost of foreign products, tariffs encourage consumers to purchase domestically produced goods instead. This protection helps local businesses compete against foreign manufacturers that may have lower production costs and can sell their products at a lower price. Ultimately, this policy aims to support domestic employment and economic growth by safeguarding local industries from international competition.

While lowering domestic production costs, encouraging foreign investment, and increasing export sales are all important economic considerations, they are not the main aim of tariffs. Instead, the focus is primarily on creating a favorable environment for domestic producers.