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 ...
Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are collected by Customs and Border Protection agents at 328 ports of entry ...
Those attending the Bryan/College Station chamber of commerce economic outlook conference heard about the impact of the president’s proposal to increase tariffs. Economist Lori Taylor, who is a ...
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.
China countered President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports. It will also launch an antitrust investigation into Google and other trade ...