Trump's trade war could have long-term consequences for America and for Kentucky farmers, bourbon companies, the auto ...

The bad economics of import taxes was succinctly summed up by Senator Rand Paul (R-KY), one of the few Republicans to ...

Tariffs are direct economic interventions, essentially taxing consumers by imposing taxes on imported products. Click here to ...

Here’s how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...

Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade ...

While the White House is claiming Canada's pledge to spend $1.3bn (£1bn) on a border protection plan has given it diplomatic ...

With less than a month in office, the president has pursued trade actions that could shatter the global trading system and ...

Food prices have already been climbing, and Trump’s tariffs could push them even higher. Increased import costs will make everything from fresh produce to packaged goods more expensive. Without a ...

Robert Bothwell, an emeritus professor of Canadian history at the University of Toronto, said the Smoot-Hawley Tariff Act was just another example of the “beggar-thy-neighbour” policies favoured by ...

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

Something similar happened in 1930 after passage of the Smoot-Hawley Tariff, which reduced global trade and exacerbated the Great Depression, economists said. A trade war is brewing — and ...