The White House has insisted that its new tariffs would equalize the ability of the U.S. and foreign manufacturers to compete. The European Union, for example, has an average VAT of 21.8 percent, ...

The US president has promised to target countries which charge tax on US imports by matching them with a reciprocal tariff. Donald Trump has ordered his team to start calculating duties by early ...

Some states are more likely to feel the hit from Trump's tariffs than others, according to a new LendingTree report. Eight states, in particular, will see at least two-thirds of their imports impacted ...

The president's tariffs would match other countries' higher tariff rates and aim to counter other trade barriers like burdensome regulations, value-added taxes, government subsidies and exchange ...

The president said his advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States. By Ana Swanson Ana ...

But we do add VAT to imports, and Mr Trump's threat to treat the sales tax as a tariff by another name will chill British exporters. Analysts have estimated tariffs could add 21% to the cost of ...

“Even if no tariffs were imposed, a long period of uncertainty under the cloud of tariff threats would almost certainly damage business investment in Canada,” the report said. It added that a ...

The feeling that the White House's tariff offensive will spare no one is reinforced by the graph above. It offers a “Trumpian” vision of American trade relations, where the intersection of ...

“They charge us a tax or tariff, and we charge them the exact same,” Trump told reporters Thursday in the Oval Office. That’s not what was announced Thursday. The memorandum Trump signed in ...

The meeting between PM Modi and Trump aims to avoid a “trade war-like situation", according to an unnamed official. Ahead of Prime Minister Narendra Modi’s two-day visit to the United States ...

President Trump on Sunday said that he would impose a 25 percent tariff on all foreign steel and aluminum imports into the United States as of Monday and would soon announce reciprocal tariffs on ...

Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks ...