1) Investors were __________ by the announcement and quickly sold off their shares. a) rattled b) reciprocal 2) The US government has __________ several new tariffs to protect its local industries. a) healed b) unveiled 3) The rise in tariffs means importers will pay more, and that cost will likely be __________ to the customer. a) shrunk b) passed on 4) The US decided to __________ heavy tariffs on steel and aluminum to protect its local industries. a) fluctuate b) impose 5) Trade tensions began to __________ after several countries introduced retaliatory tariffs. a) escalate b) abolish 6) After the announcement of import restrictions, the price of American-made goods began to __________. a) surge b) plummet 7) Following the sudden introduction of tariffs, stock values started to __________ dramatically. a) ramp up b) plunge 8) Tariffs on key components can __________ global supply chains, causing delays in production. a) disrupt b) surge 9) The government argued that the new tariffs would help __________ domestic industries. a) bolster b) abolish 10) In response to rising competition from imports, many factories decided to __________ production. a) ramp up b) plummet

Tariffs

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