SUBSCRIBE
Enter your Name and Email address to get
the newsletter delivered to your inbox.
Please include name of person that directed you to my online newsletter so I can thank them personally.
Ken Coulthard, CFP®
Program Manager, Financial Advisor
Southeast Financial Wealth Management
5110 Maryland Way, Suite 100
Brentwood, TN 37027
Phone: 615-371-3737
Fax: 615-377-0090
TollFree: 800-521-9653, Ext 2317
January/February 2026
Understanding Tariffs
Tariffs are taxes imposed by governments on imported or exported goods, primarily to regulate trade, protect domestic industries, or generate revenue. They play a crucial role in international economics, influencing prices, supply chains, and global relations. There are several key types of tariffs, each designed for specific objectives.
Ad Valorem the most common, is calculated as a percentage of the imported good's value. For instance, a 10% tariff on a $100 item adds $10, making it flexible with fluctuating prices.
Specific tariffs charge a fixed fee per unit, regardless of value— such as $5 per barrel of oil. This provides predictability but can disproportionately affect cheaper goods.
Compound tariffs combine both by applying a percentage plus a fixed amount, offering balanced protection.
Other variants include protective tariffs, which shield local producers from foreign competition by raising import costs, and revenue tariffs, aimed at funding government without restricting trade heavily. Prohibitive tariffs are extremely high, effectively banning imports to safeguard strategic sectors.
Overall, tariffs shape economic policies, but they can spark trade wars if misused.
815008
CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Ken Coulthard is a financial advisor with, and securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Southeast Financial Credit Union and Southeast Financial Wealth Management are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Southeast Financial Wealth Management, and may also be employees of Southeast Financial Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of, Southeast Financial Credit Union or Southeast Financial Wealth Management. Securities and insurance offered through LPL or its affiliates are:
The sender and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.