A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...

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.

The US president confirmed that goods from Mexico and Canada will face 25% tariffs, while 10% taxes will be implemented on ...

President Trump announced the pause after Mexico agreed to deploy 10,000 troops to reinforce its border. The Mexican ...

Tariff retaliation: Mexico and Canada immediately vowed to impose tariffs of their own. The Canadian prime minister, Justin ...