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Impostion of Tariff

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I have to research one current event (in print, video, or any other type of media) that covers a specific item, product, or good that has had a government-imposed tariff or quota placed upon it. I have to explain why governments would want to alter the natural flow of international trade by imposing tariffs and quotas on goods. The event has to be within the past three years (not before 2011).

I have to:
•Conduct a web search seeking a current event related to a good that has an imposed tariff or quota placed on it..
•Discuss the relevance of the article to international trade..
•How does the flow of this item, product, or good, or lack thereof, specifically affect international business? Explain..

Things to Remember!
•2 to 3 pages in length (not including title and reference pages)..
•Double-spaced, with 1-inch margins, in-text citations and references for all sources following proper APA formatting..

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Solution Summary

The answer to this problem explains an international business issue where tariff was imposed. The references related to the answer are also included.

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In accordance with BrainMass standards this is not a hand in ready assignment but is only background help.

Step 1
A recent article that shows a good has been placed tariff on is "Canada Seeks NAFTA Review of U.S. Tariffs on Glossy Paper", the article has been taken from : http://www.bloomberg.com/news/articles/2015-11-18/canada-seeks-nafta-review-of-u-s-tariffs-on-glossy-paper
The article informs us that US has placed a tariff on glossy paper imported from Canada and the PM of Canada has challenged the US decision to impose new tariffs on imports of glossy paper (a). This decision was taken in 2015. Canada has appealed to the North American Free Trade Agreement requesting a review of the decision of the US to place a tariff on the imports of glossy paper from Canada. The tariff was placed because US glossy paper makers alleged that unfair subsidies had been granted to Canadian companies. Essentially, the US placed this tariff on ...

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