These tariffs risk making a wide range of goods Americans buy much more expensive — and could also hurt domestic businesses if the three countries respond with retaliatory tariffs on American goods.

Economists prefer free trade because it is the best policy for global welfare. But what the debate around tariffs often fails to recognize is that there is an economic rationale for U.S. tariffs of 15 ...

In a conversation with UChicago News earlier this month, Professor Robert Gulotty explained, “Tariffs are federal taxes, set by Congress, and applied to goods at the border. Unlike income or sales ...

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WASHINGTON (AP) — Tariffs are in the news at the moment. Here's what they are and what you need to know about them: Tariffs are a tax on imports Tariffs are typically charged as a percentage of the ...