“Foreign exporters absorb only about 4% of the tariff burden—the remaining 96% is passed through to U.S. buyers,” the authors ...

How tariffs work A tariff is a customs duty, or tax, levied on goods and services that are imported or exported. In the past, tariffs were used by countries primarily as a way to bring in revenue for ...

President Trump has floated a sweeping promise: tariffs on foreign goods so large and lucrative that Americans could stop paying federal income tax. The idea taps into deep frustration with the tax ...

Tariffs are often discussed in big, abstract terms—trade wars, economic strategy, global power struggles. But for ginseng farmers in Wisconsin, their effects are painfully personal. In this episode, ...

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

European Union ambassadors reached broad agreement to intensify efforts to dissuade President Donald Trump from imposing ...

How will tariffs impact your holiday shopping? Rising prices have been top of mind for consumers for several years, especially coming off the high inflation after the pandemic. Now, rising global ...