To get a better look at the potential repercussions, we can look at the effects of the 1930 Smoot-Hawley Tariff Act, which imposed tariffs on tens of thousands of imported goods in an attempt to ...

to bolster prices ballooned into a sweeping piece of legislation known as the Smoot-Hawley Tariff Act. It raised already high U.S. tariffs, eventually bringing the average import duty to a ...

FLOYD — After Carroll County erased a double-digit deficit early on and pulled ahead by nine, Wednesday’s marquee Three Rivers District boys basketball game against Floyd County took a few ...

Donald Trump kicked off a new era of Western economic rivalry with Beijing when he took office in 2017. As he prepares for his second term, China’s dominance of global manufacturing is greater ...

Jared Golden has introduced similar legislation — a 10% tariff on all imported goods. It’s intended to protect Maine industries and workers against unfair competition, Golden said. The ...

ARCHIVO - El presidente Donald Trump habla durante una entrevista con The Associated Press en la Oficina Oval de la Casa Blanca en Washington el 16 de octubre de 2018. (AP Foto/Evan Vucci, Archivo) ...

Eby said premiers understood the “importance of unity,” and were in consensus on the need to prepare for Trump to impose the full 25 per cent tariff. “We supported the federal government’s ...

With the advent of the Trump Administration, economists and forecasters are anticipating higher prices if the new president comes with tariff increases. In fact, Walmart already warned consumers ...

If President-elect Donald Trump carries out his threat and imposes a 25 percent tariff on all Canadian exports, it would hurt the Canadian economy. But it would also hurt the American economy ...

New Brunswick exporters are bracing themselves for a possible 25 per cent tariff on Canadian goods sold in the United States if president-elect Donald Trump follows through with his threat.

Once paid, the tariff adds to the importer’s cost, which they often then incorporate into the price they charge to wholesalers or retailers. This can create a ripple effect, where the final cost ...