How Do Tariffs Work? Who Pays, Who Collects and More
US President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s largest trade partners. So far he’s implemented 10% levies on China; delayed ...
How do tariffs even work, anyway?
Are “tariffs” just another way to say “import taxes?” “What’s distinctive about tariffs is who pays them,” Robert Howse, a ...
Confused by tariffs? Here's what they are and how they work
The U.S. has announced tariffs on Canada, China and Mexico. But you need to understand what they are, to prepare for what ...
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Will Donald Trump’s tariffs hurt US consumers?
By 2020, it had grown to $653bn, around 3% of GDP, despite his tariffs. Part of the explanation, according to economists, is that Trump’s tariffs increased the international relative value of ...