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

Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade ...

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 ...

European Commission to set up a reserve fund worth €1bn to ensure 'no negative repercussions for farmers and rural areas' ...

The Pound Sterling (GBP) outperforms its major peers, except safe-haven assets such as the US Dollar (USD) and the Japanese ...

However, the U.S. has since launched multiple disputes claiming Canada is intentionally bottlenecking those U.S. imports through tariff rate quotas, which put limits on how many exporters qualify ...

Trump launched a tariff war with three of America’s biggest trading partners. Tariffs are a tax paid by importers that almost always get passed on to consumers. Trump is setting them at 25% for Mexico ...

Howard Lutnick, Trump's pick for U.S. commerce secretary, said tariffs will 'create reciprocity, fairness and respect' 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.