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 ...

Tariffs have long been treated as a straightforward recipe for higher prices, a kind of tax on trade that inevitably trickles ...

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

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 ...

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 ...

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 ...

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 ...