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 ...

It is something that we have addressed and have been pushing,” Tuggar stated, highlighting the removal of tariffs on cashew nuts and shea butter as a step in the right direction. “We are ...

President Trump, an avowed fan of tariffs, imposed a wave of new import duties Saturday on America's three closest trading partners — Mexico, Canada and China. Although tariffs are a bane to ...

More than 50 U.S. trade associations, from bourbon distillers to barrel makers, have joined a coalition calling for the permanent removal of tariffs on spirits and wine, the council said. Meanwhile, ...

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 long-anticipated tariffs on goods from China, Canada, and Mexico were made official on Saturday, according to the White House. The Trump administration said it had imposed ...

President Trump will enact 25% tariffs on imports from Mexico and Canada starting Feb. 1, as well as a 10% tariff on imports from China, according to White House spokeswoman Karoline Leavitt.

The main goal of tariffs is usually to help boost and protect domestic producers by raising costs for importers. The trade-off is that those costs are often passed on to consumers. Free-trade ...

WASHINGTON (AP) — Tariffs are in the news at the moment. Here's what they are and what you need to know about them: Tariffs are a tax on imports Tariffs are typically charged as a percentage of ...

President Donald Trump's plan to impose tariffs on three of the nation's biggest trading partners Saturday could have sweeping impact across the world, and raise prices for American consumers.

WASHINGTON – President Donald Trump faces a choice ahead of a Feb. 1 target date for his tariffs to begin kicking in: revenue or revenge? He campaigned on a blanket tariff that would generate ...