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Tariffs are a critical tool in international trade, shaping economic relationships and outcomes. CNBC Explains delves into the rich history of tariffs, unpacking their role in trade wars and globalization. Learn what tariffs are, how they work, and their impact on global economics in this informative guide.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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