Giving Brainlist to has an explanation and correct answer!!
Donovan runs a major car manufacturing company. They are currently struggling because the government has decided to try to promote the local steel industry by placing high taxes on steel that is being imported from other countries. Unfortunately, most of the steel Donovan's company uses is from other countries, so they are in a tough spot. What would we call the policy that has caused difficulties for Donovan's company?
Group of answer choices
embargo
tariff
quota
subsidy