President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Subscribe to the Daily News Brief. Countries around the world have long used tariffs, a tax on imports, to prop up homegrown industries by inducing citizens to buy goods produced domestically.
Yinwei Liu / Getty Images A tariff is a type of tax levied by a country on an imported good at the border. Historically, tariffs have been used by governments to collect additional revenue.
President Donald Trump’s tariff plan could take effect as early as this week, which means you could soon pay more for cars, ...
Tariffs are a tax imposed on goods that the U.S. imports from other nations. President Donald Trump said the U.S. would impose sweeping tariffs on imports from Mexico, Canada and China ...
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
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Here are some things to know about Trump’s actions, the counters from U.S. trading partners and what it means for American ...
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The 10% additional tariff on imported Chinese goods came into force at 12:01 a.m., hours after the leaders of Mexico and ...
Trump levied an additional 10% tariff on all good imported from China. The country said it would impose retaliatory tariffs ...
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