Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports from its three largest ...

This type of tariff is straightforward and easy to calculate, as it does not fluctuate with the price of the goods. Specific tariffs can provide a stable source of revenue for governments and ...

Tariffs have become a major point of concern in Canada following a series of threats spanning months from U.S. President ...

In a Q&A, Brown University Professor of Economics Şebnem Kalemli-Özcan discussed how the new presidential administration’s ...

Trump discussed the tariffs in a series of posts on his social media platform, Truth Social. One update announced the official orders of the tariffs, stating that the decision was made to “protect” ...

However, a 10% tariff on all goods coming to the US from China took effect at 12:01 a.m. ET on Tuesday. China immediately retaliated with tariffs on some energy and metals imports. The definition ...

Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is commonly used ...