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 ...

The Old South hated the tariff—but could it have been a “cause” of the civil war, given how the North rammed protective tariffs through Congress in 1861 and so often in years prior?

The United States has imposed a 25% tariff on imports from Canada, citing concerns over illegal immigration and drug trafficking. However, a closer look at the data suggests that the justification ...

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 ...

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 ...

Nomura explained that by definition, reciprocal tariffs mean imposing the same tariff rate on imports from other countries as other countries impose on US exports. For instance, it noted ...

WASHINGTON – President Donald Trump says he'll announce a plan next week to impose "reciprocal" tariffs on countries instead of a "flat fee" in an apparent shift from the blanket tariff he's ...

Former Senate Republican Leader Mitch McConnell (Ky.) on Wednesday warned of “big, lingering concerns” with President Trump’s tariff plan. “In recent weeks, the president sought to impose ...

Tuesday: Critics of the Tariff of 1828 called it the “Tariff of Abominations”. Resistance to it contributed to the nullification crisis of 1832. Wednesday: The Underwood-Simmons Tariff Act ...

Image Source : AP Traditional Russian wooden dolls called Matryoshka depicting China’s President Xi Jinping and US President Donald Trump In a sharp rebuke, China’s Ministry of Commerce on ...

The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China ...