Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are collected by Customs and Border Protection agents at 328 ports of entry ...

The International Monetary Fund (IMF) says that although "the tariff shock is smaller than originally announced", it is a key ...

President Donald Trump has turned tariffs into the centerpiece of his economic strategy, and in 2026 the policy will bite even harder. The new schedule of import taxes, paired with promised $2,000 ...

The second Trump inauguration triggered a dramatic upheaval of global trade policy, especially an exponential increase in U.S. tariffs. Roughly half of all goods imported into the U.S. are now subject ...

Current political and economic issues succinctly explained. The Trump administration’s trade policy—specifically its broad, aggressive use of tariffs—has several direct economic costs and benefits: ...

During oral arguments in November, Justice Amy Coney Barrett bluntly asked the lawyer representing the groups opposing tariffs: “If you win, tell me how the reimbursement process would work. Would it ...

Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy — building ...

While campaigning for a second term in office, President Donald Trump declared “tariff” to be his “favorite word” and “the most beautiful word in the dictionary.” He regularly said he would use ...

A stack of colorful shipping containers restricted by yellow tape labeled tariffs. Represents global trade challenges, import-export restrictions, and economic impacts of international tariff policies ...

The trade deficit has narrowed to its smallest since mid-2020, down more than 35% over last year — and more proof that President Donald J. Trump’s America First trade agenda is working. President ...

The DOJ is ramping up enforcement against trade and customs fraud, especially with high tariffs since 2025. It uses civil FCA actions and criminal prosecutions to target schemes like misclassification ...