President Donald Trump has repeatedly threatened to dramatically expand tariffs. It’s a move that could affect trillions of ...

Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...

Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his ...

President Donald Trump's initially proposed tariff strategy was widely viewed as inflationary by market participants. However ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is commonly used ...