While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

As US navigates a shifting landscape of trade policy under new administration, markets grappling with implications of ...

Senate Armed Services Chair Senator Roger Wicker torched Pete Hegseth ’s speeches at the NATO conference in Munich this week, ...

The Trump administration also highlighted a 2.5% tariff on ethanol imports that compares to an 18% tariff applied by Brazil.

The state ranks fifth in the country for agricultural product exports worth $10.6 billion, according to the Illinois ...

US refiners may be forced to find alternative oil sources and could face challenges in maintaining optimal refinery operations due to tariffs.

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. Since the 1960s, ...

A trade expert claims that Trump’s current tariff plan “reflects a fundamental misunderstanding of how the global economy ...

Erie News Now is northwestern Pennsylvania's leading source for breaking news, weather, sports and community coverage you can ...

The president’s plan for reciprocal tariffs sounds good in theory. But there was a reason the United States abandoned the ...

Trump is setting the stage for a much broader implementation of tariffs, and the opening salvo was a trial balloon before the ...

Commission President Ursula von der Leyen said unjustified tariffs would prompt "proportionate and decisive countermeasures", ...