The US is imposing new levies on countries from which it buys everything from cars to fruit and vegetables. Until now, the ...

In economics, however ... below illustrates the effects of world trade without the presence of a tariff. In the graph, DS means domestic supply and DD means domestic demand.

Lower-income Americans are likely to feel the brunt of the unprecedented tariffs President Donald Trump has set in motion.

Gold prices regained an all-time high on Tuesday, driven by investors seeking the safe-haven asset after China retaliated ...

Of which, tariffs will be a drag on economic growth. Canada and Mexico will be the most affected in this regard, but the US and Chinese growth will also be hurt. The US additional tariff of 10% on ...