The bad economics of import taxes was succinctly summed up by Senator Rand Paul (R-KY), one of the few Republicans to criticize Trump’s tariffs: “Tariffs are simply taxes. Conservatives once united ...

To better understand the implications of Trump’s early actions, we spoke with WOLA experts John Walsh and Stephanie Brewer.

Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how ...

US President Donald Trump has announced reciprocal tariffs on imports, which aim to match the tariffs imposed by other ...

Trump spoke to reporters from the Oval Office about his decision, saying it was an “amazing day.” When asked if prices would ...

With tariffs on imports averaging 14%, India is especially vulnerable to the reciprocal levies Trump says he will impose on ...

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 ...

In today’s global marketplace, understanding tariffs is essential for merchants and aspiring entrepreneurs alike. A tariff is ...

although the import duties are paid by U.S. importers. Companies such as Walmart, Target and other U.S. importers typically pass tariff-related costs onto American consumers. Asked whether Mr ...

Leavitt said the tariffs would amount to a 25% duty on Mexico and Canada and a 10% tariff on China “for illegal fentanyl they have sourced and allowed to distribute into our country, which has ...

UPDATE: Mexico and the United States have reached a one-month agreement to stave off tariffs and a looming trade war. Read more here. Trump vowed during his campaign to impose tariffs on countries ...

President Donald Trump isn't worried about American consumers taking a hit after unveiling new tariffs on Mexico, Canada and China, and said the tariffs will ensure that other countries treat the ...