Current political and economic issues succinctly explained. Tariffs are a tax on foreign-made goods. When the United States imposes tariffs on another country, it means that U.S. businesses and ...
The U.S. and some of its closest trade partners have gone back and forth on trade polices in recent days after President Donald Trump announced tariffs on goods from Mexico, Canada and China.
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President Donald Trump's tariffs on Mexico and Canada could take effect next month, with consumers likely to see prices rise ...
The moves were driven largely by the expectation that tariffs and a possible full-blown trade war would stoke inflation.
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Colombian President Gustavo Petro announced that Colombia was suspending permission for previously authorized U.S.
U.S. businesses directly pay the tariffs to the federal government on the goods they import. They then raise consumer prices ...
Nearly 70% of U.S. crude oil imports come from Canada and Mexico, experts say.
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