Put simply, a tariff is a tax placed on the cost of importing or exporting goods by a certain country. A 60% tariff on Chinese imports would therefore be a 60% tax on the cost to import, say, computer ...
Tariffs are a central part of Trump's economic plans. He promised to introduce import duties against some of America's main ...
For example, President Trump imposed a 25% tariff on all goods imported from Mexico and Canada (10% for Canadian oil), the US ...
Donald Trump thinks US firms have a trade disadvantage as they often face higher costs when exporting their products. DW ...
One historic example of tariffs shaping an industry is the Smoot-Hawley Tariff Act of 1930 in the United States. Passed during the Great Depression, this act raised U.S. tariffs on over 20,000 ...
Trade policies have always been a critical aspect of global economies and recent developments in the US. Read more here.
Tariffs can be lower for countries with which the United States has trade agreements. For example, most goods can ... gradually retreated from its post-World War II role of promoting global ...
Suppose, for example ... typically tasked with levying tariffs and taxes, the president has the authority to enact them unilaterally in the name of defense. The World Trade Organization (WTO ...
Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on ...
Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new ...
President Trump’s recent efforts to impose tariffs on imports from Canada and Mexico and China has sparked concerns over the ...