Trump's tariffs against China were still slated to go into effect Tuesday, but uncertainty remained about the durability of any deals and whether the tariffs were a harbinger of a broader trade war, ...
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.