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 ...

Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize ...

European Commission President Ursula von der Leyen said during the Munich security conference Friday the European Union will ...

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

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Trump ...

President Donald Trump is planning to impose reciprocal tariffs on U.S. trading partners to match tariffs on imports to those ...

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

Trump spoke to reporters from the Oval Office about his decision, saying it was an “amazing day.” When asked if prices would ...

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

President Trump issued a memorandum introducing the President’s “Fair and Reciprocal Plan” to investigate and take actions to ...

President Trump calls for reciprocal tariffs to counter what he has described as "unfair and unbalanced" practices with ...

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 ...