President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

The government has decided to sign a deal with the European Union (EU) on the apportionment of Tariff Rate Quotas (TRQs) to ...

Other types of import taxes include “tariff rate quotas,” where levies kick in after importing a specific threshold. Currently, the Biden administration is using a quota system on steel and ...

President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for ...

and “tariff-rate quotas,” which are tariffs that kick in or rise significantly after a certain amount of imports is reached (e.g., fifty thousand tons of sugar). Tariffs can serve several goals.

Donald Trump has imposed steep tariffs on imports from Mexico, Canada and China. With businesses and consumers bracing for ...

Tariffs are paid by domestic consumers and not the exporting country, but they have the effect of raising the relative prices of imported products. Other trade barriers include quotas, licenses ...

After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs ...

SOUTH Korea has unveiled its 2025 Economic Policy Directions, introducing revised tariff rates and import quotas on 10 types of fruits, including bananas, mango ...

President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

Another such type of levy are "tariff-rate quotas," which are taxes triggered by reaching a specific import threshold. For instance, this type of quota was used by the first Trump administration ...