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. The tariffs on Mexico and ...
Homes – the most expensive item most Americans ever buy – are about to get even pricier if the Trump administration’s proposed tariffs take effect. An analysis from John Burns Research and ...
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President Trump's tariffs on U.S. imports from Canada and Mexico could lead to higher domestic vehicle prices and dent profit margins for automakers, according to industry analysts. The average $ ...
President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they work suggests that is not the case.
President Donald Trump's moves to impose or threaten higher tariffs on countries like China, Canada and Mexico – America's three largest trading partners – have prompted questions about what ...
A controversial campaign pledge to enact big, universal tariffs that would transform the global-trade system and usher in American prosperity has been whittled down to a set of hollow threats ...
President Donald Trump on Friday reinstated a tariff loophole for small-value packages from China that was eliminated as part of the sweeping tariffs Chinese imports that went into effect 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.