Poorer countries often have far higher tariff rates than wealthier countries because their governments depend on them for revenue. For instance, Djibouti, The Gambia, and Belize all had average ...

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.

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 ...

WASHINGTON – President Trump announced 25% tariffs on Canada and Mexico, as well as further 10% tariffs on China, over the weekend. The situation is fluid and seems to be changing quickly, with the ...