Tariffs are paid by domestic consumers and not the exporting country, but they have the effect of raising the relative prices of imported products. Other trade barriers include quotas, licenses ...

President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

From unilateral tariffs to selective tariffs on specific products, the possibilities under the new Trump administration seem ...

and “tariff-rate quotas,” which are tariffs that kick in or rise significantly after a certain amount of imports is reached (e.g., fifty thousand tons of sugar). Tariffs can serve several goals.

Beggar-thy-neighbour policies aim to benefit domestic economies at the expense of others through protectionist measures like ...

Other types of import taxes include “tariff rate quotas,” where levies kick in after importing a specific threshold. Currently, the Biden administration is using a quota system on steel and ...

SOUTH Korea has unveiled its 2025 Economic Policy Directions, introducing revised tariff rates and import quotas on 10 types of fruits, including bananas, mango ...

Delaying the distribution of the minimum access volume (MAV) quotas for this year will result in trade disruptions, according ...

At Riverdale Mills, a Massachusetts-based manufacturer of wire fencing and welded mesh used in lobster and crab traps, Chief Executive James Knott said his domestic suppliers of steel wire rod ...

HANOI: Vietnam's Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming ...

Another such type of levy are "tariff-rate quotas," which are taxes triggered by reaching a specific import threshold. For instance, this type of quota was used by the first Trump administration ...