A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...

President Trump, an avowed fan of tariffs, authorized a wave of new import duties Saturday on America's three closest trading partners — Mexico, Canada and China. Although tariffs are a bane to ...

Subscribe to the Daily News Brief. Countries around the world have long used tariffs, a tax on imports, to prop up homegrown industries by inducing citizens to buy goods produced domestically.

President Donald Trump signed an executive order Saturday imposing a 25% tariff on imports from Mexico and Canada and 10% on imported Chinese goods, according to multiple reports, reflecting his ...

The cause of the fire has not yet been determined. Luka Doncic snubs Mavericks in farewell note to Dallas fans after ...

Yinwei Liu / Getty Images A tariff is a type of tax levied by a country on an imported good at the border. Historically, tariffs have been used by governments to collect additional revenue.

President Donald Trump on Saturday followed through with his threat to impose tariffs on Canada, Mexico and China, pushing the world’s largest economy into a trade war with two neighbors and a ...

WASHINGTON, Jan 31 (Reuters) - U.S. President Donald Trump said on Friday he expects his administration to impose tariffs related to oil and gas around Feb. 18 and it could reduce the planned levy ...

Canada and Mexico have hit straight back at President Donald Trump's latest tariffs, vowing to impose retaliatory levies on the US. Canadian Prime Minister Justin Trudeau announced Saturday that ...

Corporate America awaits the aftershocks of Trump the Tariff Man. The Trump administration said on Friday it would implement 25% tariffs on Mexico and Canada starting today and 10% on China ...

President Donald Trump's plan to impose tariffs on three of the nation's biggest trading partners Saturday could have sweeping impact across the world, and raise prices for American consumers.

Yet that June, Congress passed it and the president signed it into law. The Smoot-Hawley Tariff helped turn a stock market rout and a building financial crisis into a worldwide depression and ...