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 ...

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ ...

Treasury Secretary Scott Bessent defended President Trump’s recent decision to study the proposed reciprocal tariffs instead ...

This is not theater,” said Treasury Secretary Scott Bessent about Trump’s reciprocal tariffs, though Bessent indicated ...

I’ve decided for purposes of fairness that I will charge a reciprocal tariff,” Trump said in the Oval Office at the ...

The National Retail Federation (NRF) is warning that higher prices will soon hit Americans as President Trump signs off on ...

A new plan signed by President Donald Trump is ushering in more uncertainty surrounding tariffs, and the potential impact on ...

President Donald Trump is calling for new tariffs to match those imposed by other countries on U.S. goods, arguing that America is being treated unfairly. While some nations do have higher tariffs ...

Some local businesses have prepared for the possibility of material price hikes. President Donald Trump has planned to impose ...

President Donald Trump is preparing to introduce reciprocal tariffs this week — a major change in trade policy that could have far-reaching consequences for domestic inflation rates as well as ...

President Donald Trump said Sunday that he will announce reciprocal tariffs this week, as well as a 25% blanket tariff on steel and aluminum imports. "Any steel coming into the United States is ...

Donald Trump's focus this week on reciprocal tariffs could upend US trading relationships around the globe. Some American allies — from Asia to South America — have high average tariffs in ...